Forever 21’s US Operator Wins Court Approval to Liquidate

The embattled fast-fashion company's repayment plan includes a settlement with lenders and former Forever 21 parent Sparc Group that’s designed to boost recoveries for unsecured creditors that stood to get pennies on the dollar.

Jun 25, 2025 - 00:20
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Forever 21’s US Operator Wins Court Approval to Liquidate
The embattled fast-fashion company's repayment plan includes a settlement with lenders and former Forever 21 parent Sparc Group that’s designed to boost recoveries for unsecured creditors that stood to get pennies on the dollar.