Retailer of Forever 21, the current US company, first of the first six years, presented Chapter 11 in six years, Hamstrung Mall's traffic and installation competition.

Transportation probably means liquidation for a company that was unable to find a buyer for his approximately 350 US shop.

The company says its international shops remain unprotected.

Its trademark and intellectual property, which is still stored in a real brand group called real brands. Can live in a different way.

The era of Mega-Mall is coming to an end

The increase in e-commerce, which is combined with the slow death of Mega Mall, continues live on 21 forever.

Forever 21 says that in its stores, it will be sold in its stores, while holding the Court-controlled sales and marketing process for some or all its assets.

The company listed its estimated assets from $ 100 million to $ 500 million, reports the bankruptcy court in the Delaware region, liabilities between $ 1 billion, within $ 10 billion. The applications also submitted the creditors within 10,001 to 25,000.

In case of successful sales, forever, 21 says that it may occur from the full wind of action to facilitate the transaction.

The company says that in the United States, its stores and website will stay open and continue to serve customers.

Intellectual property could live

Forever 21 belongs to catalyst brands, January 8, a merger of Forever 21, from the Mall Operator and the Customer Customer Network.

When the catalyst brands were formed, a statement said that it “studies strategic options” forever forever 21.

The authentic brands will continue to have a trademark of 21 forever and intellectual property that can live in some way.

Last year, authentic brands CEO Jamie Salter was called to buy forever 21 “My biggest mistake.”

It was founded in Los Angeles in 1984 by South Korean immigrants, and forever 21 was popular with the high height in the shrimp area, but available for clothing. By 2016, it operated around 800 stores around the world, 500 in the United States.