Forever 21 (Bankruptcy)

Apparel Retail · Founded 1984

Forever 21's 2019 bankruptcy demonstrates how fast fashion faces its own disruption from ultra-fast fashion. The retailer that disrupted department stores with quick trend copying was itself disrupted by Shein and online competitors even faster. Like a species that conquered through speed being outrun, Forever 21's advantage became its vulnerability when faster emerged.

Key Leaders at Forever 21 (Bankruptcy)

Do Won Chang

Founder

Key Facts

1984
Founded