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It was originally founded as fashion 21 in highland park, los angeles in 1984 I've been to three different stores carrying the same thing with three different names, forever 21, gadzooks, and xxi [4][5] before its closure in the us, it is owned and operated by catalyst brands, with about 540 outlets
The ip is currently owned by authentic brands group So i absolutely love forever 21 [6] the company sells accessories, beauty products, home goods, and.
Why is forever 21 successful
Forever 21 made a name for itself as a place to get trendy clothes are rock bottom prices The company peaked in 2015 with $4.4 billion in sales from more than 600 stores … forever 21 rose to great success by turning over their inventory quickly and keeping their prices low Forever 21 used to be a lot better quality than it is now
Sizing and fit are pretty awful, and i haven't found anything there worth actually getting tailored For good quality, cheap basics, i much prefer to shop sales, shop out of season, and shop discount places like tjmaxx/marshalls/ross, nordstrom rack, etc. Forever 21 is a much larger corporation, employing over 30,000 individuals, with a revenue of over $3.85 billion By comparison, rue21 employs only 2,340 people and has a market cap of $741 million.
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Forever 21 and xxi forever If these changes become too frequent customers will potentially lose their loyalty to the.
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