Forever 21 Files For Bankruptcy As THIS U.S. Trade Law Loophole Lets Chinese Brands Take Over
Автор: Mint
Загружено: 2025-03-18
Просмотров: 9457
Popular retail fashion giant Forever 21 has filed for bankruptcy for the second time in 6 years. So what went wrong this time around, again? Well, 2 things really - increased competition, and increased inflation... BUT... interestingly, Forever 21 has taken 2 names as part of the reasons behind their collapse for the second time - Shein and Temu. They're both fast-fashion e-tailers, they're both popular... and importantly, they're both Chinese. So here's how the 2 Chinese fashion e-tailers actually exploited a loophole in the U.S trade law .. which made them more competitive! Watch
#forever21 #retail #america
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