this post was submitted on 17 Mar 2025
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The retailer’s US operating company filed for bankruptcy Sunday — for the second time in six years — in a court in Delaware, citing fierce competition from foreign fast fashion retailers. It marks the end of an era for a clothing brand that introduced many teens to fast fashion.

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[–] courageousstep@lemm.ee 57 points 19 hours ago

that introduced many teens to fast fashion.

Sounds to me like the company is getting what they deserve.

[–] jordanlund@lemmy.world 54 points 19 hours ago (1 children)
[–] TokenBoomer@lemmy.world 9 points 19 hours ago

Good one ☝️

[–] TimeSquirrel@kbin.melroy.org 40 points 18 hours ago (4 children)

Alright! Just in time for me to open up Forever 42. We'll specialize in cargo shorts and socks with sandals. Also some skater shoes, JNCOs, and NIN/Deftones shirts for the aging 90s kids.

Edit: actually, I think I just described Hot Topic...

[–] SinningStromgald@lemmy.world 10 points 18 hours ago

I wish I had my JNCO jeans still.

[–] Zorsith@lemmy.blahaj.zone 7 points 18 hours ago

You have my interest.

[–] jordanlund@lemmy.world 7 points 17 hours ago

Forever 42 should just sell towels, beer and peanuts.

[–] TachyonTele@lemm.ee 6 points 18 hours ago

Im already in line for the opening

[–] wise_pancake@lemmy.ca 18 points 19 hours ago

Sad to see that they failed because people want even shittier business practices and cheaper worse products.

I never liked fast fashion, and I hate that it’s even more disposable now.

[–] roguetrick@lemmy.world 15 points 19 hours ago* (last edited 19 hours ago)

Finally, news that's impactful for Lemmy's userbase.

citing fierce competition from foreign fast fashion retailers

Like anything they sold was domestically produced in the first place

[–] tiefling@lemmy.blahaj.zone 9 points 16 hours ago* (last edited 16 hours ago)

Good, it's shit quality clothing and everything is 2 sizes too small. A Forever 21 large is like a small-medium anywhere else.

[–] obvs@lemmy.world 7 points 19 hours ago

21 has been overestimated.

[–] kikutwo@lemmy.world 7 points 17 hours ago (1 children)

They and the myriad other junk clothing companies that are somehow paying mall rent can all go.

[–] Zerlyna@lemmy.world 6 points 17 hours ago (1 children)

It’s more convoluted. Simon Malls has a stake in catalyst brands which owns Forever 21 JCPenney and SHEIN. Yes, that SHEIN.

[–] kikutwo@lemmy.world 4 points 16 hours ago (1 children)

Amazing. I have a Simon mall right next to work and there are several stores taken up by private retail who sell nothing more than hats or junk t shirts. They must have way below market rent.

[–] st3ph3n@midwest.social 2 points 16 hours ago (2 children)

I think mall landlords will do that if occupancy drops low enough, because once your mall gets known for being a dead mall, you’re fucked.

[–] partial_accumen@lemmy.world 2 points 6 hours ago

There's a dying local mall that has an ever increasing number of interior mall storefronts rented out to an ugly furniture store. Its a larger two story sprawling mall. The last time I was there a couple of years ago they must have had 15 to 20 store spaces with all the walls knocked out in one giant contiguous space. I fully expect more storefronts fall to the mushroom like furniture store slowly feeding on the decomposing body of the dying mall.

[–] kikutwo@lemmy.world 2 points 16 hours ago

Definitely agree

[–] KingJalopy@lemm.ee 5 points 15 hours ago (1 children)

First the never ending story ended and now this??

[–] RagingRobot@lemmy.world 2 points 15 hours ago (1 children)

At least we know final fantasy is over

[–] KingJalopy@lemm.ee 2 points 15 hours ago
[–] Tarquinn2049@lemmy.world 5 points 17 hours ago

Wish there was just a store that covered all the fads all the time. We all know they are going to keep cycling around, why not let some of us pick a spot on the wheel to stay in forever. Instead of having to wait for it to come back in style and stock back up then.

[–] ThePantser@sh.itjust.works 4 points 18 hours ago

Maybe they should have grown up and stopped drinking

[–] SoftestSapphic@lemmy.world 4 points 17 hours ago

Inb4 they are "saved" by the inevitable "sales"

This is a marketing strategy.