MANILA, Philippines — "It’s business as usual for Forever 21 Philippines," such was how the California-based retail giant opened its statement sent via e-mail to Philstar.com. In a statement sent on Tuesday, the company said: "Forever 21 Philippines on Monday, September 30, assured the public that it remains business as usual and will continue its operation." This follows after Forever 21 US filed for Chapter 11 that will allow the company to take positive steps to reorganize, return to profitability, and refocus on delivering products to its customers. We continue full operations of all 15 stores of Forever 21 in the country. The Philippines continues to be one of the stronger global operations,” SM Retail Inc. President Chito Manalo Jr. said in the statement.
Source: Philippine Star October 01, 2019 10:52 UTC