Find in the news:
BY COUNTRY

The Iconic Brand Forever 21 has Changed its Owners



The new owners of the company are Authentic Brands Group, Simon Property Group, and Brookfield Property Group.
Forever 21

Los Angeles-based American fast-fashion brand Forever 21 has officially changed its owner. The new owners of the company became Authentic Brands Group, Simon Property Group, and Brookfield Property Group. Under the terms of the deal, ABG and Simon received 37.5% of operational business and intellectual property, while Brookfield - 25% of the company. 

"Forever 21 is a powerful retail brand with an incredible consumer reach and huge untapped potential," commented ABG founder and CEO Jamie Salter. "We look forward to working with the Forever 21 team and our global partners. Together we will revitalize the core business of the brand and reach out to audiences around the world with new products and expertise.

ABG notes that the new brand strategy will focus on design, speed to market, and movement towards responsible suppliers for Forever 21. The plan will aim to attract customers of Generation Z through targeted digital companies and collaboration with influential people. 

The possibility of selling the Forever 21 business became known in early February 2020. Retailer, experiencing severe financial problems, filed for bankruptcy in September 2019. It was reported that the process was a "deliberate and decisive step," which should have put the company on the path to success in the future. Last year, the company closed down about 200 retail stores around the world. As part of its new development strategy, the brand will continue to operate in the U.S., Europe, China, Southeast Asia, India, and the Middle East on its own, while in other markets it will develop according to its partnership model.

More about shopping malls in the USA



TODAY, France:
French retail giants Auchan and Intermarché have presented a collaborative proposal.
TODAY, USA:
This will be the ninth full-line retail store in the Little Words Project portfolio and an addition to two pop-up stores.
Dec 1, 2023, USA:
The 6,000-square-foot outlet is the brand's first full-size store in years.
Dec 1, 2023, USA:
McDonald's is going to roll out the new practice to its 13,460 restaurants in the United States.
Nov 30, 2023, USA:
The launch of the new set is the first McDonald's McNugget Buddy in more than 25 years.
Nov 30, 2023, Italy:
Primark will open in Turin, Livorno, Cosenza and Salerno.
Friend
and Follow
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
AEON MALL Okinawa Rycom GLA:839 585 SF
ADDRESS: 901-2300 Tochi-kukaku seirichinai Awase, Kitanakagusuku Village, Nakagami District, Okinawa
Japan . Ginowan
AEON MALL Okinawa Rycom
Jardim Pamplona GLA:118 403 SF
ADDRESS: R. Pamplona, 1704 - Jardins São Paulo
Brazil . Sao Paulo
Jardim Pamplona
Plaza Singapura GLA:482 311 SF
ADDRESS: Plaza Singapura, 68 Orchard Rd, Singapore 238839
Singapore . Singapore
Plaza Singapura


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us