Fifi Leigh
Sunday, December 1, 2019
Forever 21 and Topshop brands are bankrupt. I was already aware that Forever 21 was having issues. But I didn’t know that Topshop, which is in big department stores, is also having bankruptcy problems. This brand has cute trendy clothes for young people, from teenage to thirties. So, I am surprised.
Forever 21 failed its business model. This brand will just become smaller, and its suppliers won’t get paid.
UK-based Primark is doing well. It is a similar brand to Forever 21 and Topshop. It sells the latest trends at very cheap prices. But this brand keeps opening new stores.
H&M is also having business problems.
Barney’s New York is also bankrupt—but it is high-end and expensive.
Therefore, they are all having issues trying to survive in business, although most are struggling and very few are actually making it, in whichever way it can.
After being bankrupt, they can open online stores.
i dont shop for clothes and accessories online. i shop minimally online, and mostly for small practical items, and usually once a year.