Forever 21's U.S. operating unit is preparing for significant layoffs. Its Los Angeles headquarters will also shut down. Over 350 staff members are expected to lose their jobs starting mid-April. The company is exploring strategic options and cost reduction measures. This follows its exclusion from the new Catalyst Brands venture and past bankruptcy.
Los Angeles, California
https://wwd.com/sourcing-journal/industry-news/forever-21-350-layoffs-closure-los-angeles-headquarter-store-closings-1238848593/