- Forever 21 is exploring a restructuring deal to turn around its business, Bloomberg reported, citing people familiar with the matter.
- Forever 21 is a private company and does not release financials. However, in recent years the teen-focused chain has shown signs of struggle, especially in its international locations, where it has closed several stores.
- A spokesperson for Forever 21 did not immediately respond to Business Insiders request for comment.
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Fast-fashion retailer Forever 21 is reportedly exploring a restructuring deal to turn around its business.
The Los Angeles-based chain is in talks with private-equity firm Apollo Global …
Read the full article at: https://www.businessinsider.com/forever-21-explores-restructuring-deal-report-2019-6