Retail Pulse: Amazon Grows 4-Star Footprint; Forever 21 Files For Bankruptcy
PYMNTS
OCTOBER 4, 2019
The filing will let it continue operating while it attempts to reorganize the business and return to profitability. The used-fashion market in the U.S. is expected to reach $64 billion by 2028, per GlobalData. The mall operator also noted it has signed on over 2,000 designers and has about 300,000 products.
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