Forever 21 opened its flagship store at Beijing in 2012 and has recently filed for Chapter 11. Photo: Simon Song Forever 21 opened its flagship store at Beijing in 2012 and has recently filed for Chapter 11. Photo: Simon Song
Forever 21 opened its flagship store at Beijing in 2012 and has recently filed for Chapter 11. Photo: Simon Song
Style /  News & Trends

Is this the end of Forever 21? How owners Chang Do-won "Don" and Chang Jin-sook rose to become billionaires – then lost their fortune

Citing a too-fast approach to fast fashion, the company has closed stores all over the world and filed for Chapter 11, but the Korean-American owners remain millionaires

Topic |   Millionaires and billionaires
Cornelia Zou
Cornelia Zou

Updated: 4:20pm, 28 Oct, 2019

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Forever 21 opened its flagship store at Beijing in 2012 and has recently filed for Chapter 11. Photo: Simon Song Forever 21 opened its flagship store at Beijing in 2012 and has recently filed for Chapter 11. Photo: Simon Song
Forever 21 opened its flagship store at Beijing in 2012 and has recently filed for Chapter 11. Photo: Simon Song
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