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HomeLifestyle NewsForever 21 Considers Bankruptcy Filing If Asset-Sale Plans Fail

Forever 21 Considers Bankruptcy Filing If Asset-Sale Plans Fail

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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 that fails, it would turn to Chapter 11, though discussions are ongoing and no final decision has been made, they added.

Forever 21 is working with BRG for restructuring assistance,…

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