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Stock impact report

Forever 21 Weighs Liquidation Ahead of Bankruptcy in Coming Days [Yahoo! Finance Canada]

Simon Property Group, Inc. (SPG) 
Last simon property group, inc. earnings: 2/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.simon.com
Most Read from Bloomberg Efforts to find a buyer for the fast-fashion retailer to avoid a liquidation have so far failed, said the people, who asked not to be identified discussing private information. Talks with one potential bidder are ongoing, they said. At its height, Forever 21 operated more than 500 locations in the US and at least 800 worldwide. Its US footprint has since shrunk to about 350 stores. Bloomberg previously reported Forever 21 was looking to close almost two-thirds of its locations as part of a bankruptcy process. The Forever 21 trademark and intellectual property are owned by apparel and lifestyle label empire Authentic Brands, which licenses them to the operating company that would undergo a Chapter 11 process. Authentic plans to continue licensing the brand through new operating and e-commerce partners. Representatives for Authentic and the Forever 21 operator declined to comment. The Forever 21 operating company became a unit of Catalyst Brands, whic Show less Read more
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