U.S. teen retailer rue21 Inc, which exited bankruptcy in September, is seeking financing after lackluster holiday sales failed to generate the cash it had hoped for, people familiar with the matter said on Friday.
Forever21 and Honda have teamed up for a vintage motorcycle-inspired capsule collection. F21 x Honda offers women's and men's tees, hoodies and bottoms that are inspired by nostalgic Honda racing designs from the 80's.
Tommy Hilfiger, IBM and The Fashion Institute of Technology have teamed up for an Artificial Intelligence pilot project. The project called ‘Reimagine Retail’ will have AI play the lead in the design creation process.
Forever 21 has released the results of its investigation into the payment card security incident reported in October 2017, revealing a range of breaches including the presence of malware on some point-of-sale devices.
Adidas has agreed to an out-of-court settlement in a recent trademark case arising from the brands' long-term disputes concerning Adidas' allegations that Forever21 is wrongfully using the registered "three stripe" mark.