Forever 21 Considers Bankruptcy Filing If Asset-Sale Plans Fail
Forever 21 is considering multiple options to turn around its business, which could include a second bankruptcy filing, according to people with knowledge of the matter. The company is focused on finding buyers for profitable leases, said the people, who asked not to be identified discussing a private matter. If
Quiksilver, Billabong Retailer Liberated Brands Files Bankruptcy
Liberated Brands, which until recently operated skateboard and surfing-inspired retail brands including Quiksilver, Billabong and Volcom, has filed bankruptcy as more customers choose “fast fashion” competitors. Liberated sought court protection in Delaware Sunday, saying it intends to close its stores as part of a wind-down of its North American operations.
