In a groundbreaking move, Chinese fashion titan Shein has teamed up with American retailer Forever 21 to form the most robust fast-fashion alliance ever seen. In return, Shein may soon oversee retail spaces within Forever 21 stores. Conversely, Forever 21 has faced considerable challenges, declaring bankruptcy in 2019 and closing several stores in the US and Canada. Chinese fashion titan Shein has teamed up with American retailer Forever 21 in a historic collaboration, forming the most robust fast-fashion alliance ever seen. This deal allows Shein to showcase Forever 21’s clothing, accessories, and beauty products on its platform, while potentially overseeing retail spaces within Forever 21 stores.
Source: CBC News September 05, 2023 02:54 UTC