By / Scenic Spots Family News Compilation
![](\"/pic/20200120/46277bb593717e48b9acbe6880236b81.jpg\")
Forever 21’s two stores in Taiwan have gradually closed, exiting the Taiwanese market in March 2019. (Photo / cheriechang1217, the same below)
As many as 350 stores will be closed, definitely including those in Japan and Hong Kong. The Japanese market will remain open until the end of October. Fans who loveForever 21can still make a purchase if they visit Japan soon?!
Meanwhile, online stores and some physical locations that will continue operating will remain active. The main goal is to first reduce the burden of high rents through downsizing and to restructure the entire business operation.Forever 21This brand is not disappearing completely.
Forever 21It is a chain clothing brand founded by Korean-American businessman Do Won Chang and his wife Jin Sook Chang, originating in Los Angeles, California, USA in 1984. Do Won Chang, who was once a billionaire, now faces the management crisis of Forever 21’s bankruptcy. How he will move forward next is also a focus of the global retail market.