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Website. forever21.com. Forever 21 is a multinational fast-fashion retailer headquartered in Los Angeles, California, United States. Originally founded as the store Fashion 21 in Highland Park, Los Angeles in 1984, [3][4] it is currently operated by Authentic Brands Group and Simon Property Group, with about 540 outlets.
1984–2020. Employer. Forever 21 (1984–2020) (bankrupt) Spouse. Jin Sook Chang (m.?) Children. 2 daughters. Do Won Chang (Hangul: 장도원; born March 20, 1954) is a Korean-born American businessman. He founded the clothing store chain Forever 21 with his wife Jin Sook Chang.
Shein acquired one-third of Forever 21’s parent company in 2023, but retail experts say the relationship is no longer beneficial to the Chinese e-commerce giant.
authenticbrandsgroup.com. Authentic Brands Group LLC (ABG) is an American brand management company headquartered in New York City. Its holdings include various apparel, athletics, and entertainment brands, which it partners with other companies to license and merchandise. [2]
Shein and Forever 21 are combining forces to expand their reach—the deal is a win for fast fashion, but a loss for the environment. Paige Hagy. August 24, 2023 at 2:57 PM.
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