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Forever 21s New Owners in Talks to Keep Most U.S. Stores Open
2020-02-19 18:57:00| National Real Estate Investor
Simon, Brookfield and Authentic Brands plan to keep most of the chains U.S. stores open post-bankruptcy.
Judge to Approve Forever 21 Sale That Ends Founders Control
2020-02-12 18:48:00| National Real Estate Investor
The new owners have agreed to pay $81 million in cash and assume certain liabilities, including $53 million in merchandise not yet paid for.
Tags: control
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forever
Is Simon and Brookfields Forever 21 Buy a Smart Play or a Hail Mary Pass?
2020-02-03 20:55:00| National Real Estate Investor
Regional mall REITs have some experience in saving ailing retailers. But Forever 21 comes with added pressures.
Forever 21 Has $81 Million Bid from Simon, Brookfield, Authentic
2020-02-03 17:02:00| National Real Estate Investor
Two of the chains biggest landlords have offered to buy it out for a fraction of what it was once worth.
Tags: million
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Forever 21 "reaches deal" to sell off substantial assets
2020-02-03 13:03:00| Daily apparel & textile news and comment - from just-style.com
US teen fashion retailer Forever 21 is understood to have reached a deal to sell off its assets for US$81m, four months after filing for bankruptcy.
Tags: sell
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