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August 31, 2015 4:11 PM ET

Specialty Retail

Company Overview of Forever 21, Inc.

Company Overview

Forever 21, Inc. owns and operates apparel stores for women and men in the United States and internationally. The company offers dresses, tops, sweaters and knits, jackets and coats, denim, leggings, pants, shorts, skirts, rompers and jumpsuits, intimates and sleepwear, swimwear, and activewear for women. It also provides tees and tanks, shirts and polos, sweaters, sweatshirts and hoodies, blazers, jackets, denim, pants, shorts, swimwear, underwear and socks, and hats and scarves for men. In addition, the company offers accessories, shoes, and beauty products. It also sells products online. Forever 21, Inc. was formerly known as Fashion 21, Inc. The company was founded in 1984 and is based i...

3880 North Mission Road

Los Angeles, CA 90031

United States

Founded in 1984

Phone:

213-741-8257

Fax:

213-741-8995

Key Executives for Forever 21, Inc.

Co-Founder and Chief Executive Officer
President
Age: 60
Co-Founder
Chief Financial Officer
Senior Vice President
Compensation as of Fiscal Year 2015.

Forever 21, Inc. Key Developments

Adidas Files Trademark Lawsuit against Forever 21 and Central Mills Inc

Adidas filed a trademark lawsuit against Forever 21 and Central Mills Inc. that alleges the companies violated Adidas' three-stripes trademark. The lawsuit claims the companies are selling apparel that bears too much similarity to Adidas products. Adidas seeks a court order to stop the sale of the apparel as well as damages. The lawsuit was filed in federal court in Portland.

Forever 21 to Open the First Store in Québec at the Galeries de La Capitale

On July 11, 2015, the much awaited Forever 21 store will be opening officially at the Galeries de La Capitale shopping mall. The 18,945 sq. ft. location is the chain's first store in Québec. Forever 21 offers its customers women's and men's clothing, as well as its Forever 21 Plus and Forever 21 Active collections and cosmetics.

Forever 21, Inc. Plans to Open New Store in Late 2015

The Barnes & Noble bookstore at Winter Garden Village is set to replace. The 28,136-square-foot book store, which confirmed it would close this summer and is looking for another location in Winter Garden, is set to be replaced with F 21 Red, by Forever 21. Representatives from Forever 21 Inc. confirmed the store will be opening in late 2015. The F21 Red concept offers lower prices than traditional Forever 21 stores, with deals like $1.80 camisoles, $3.80 T-shirts and $7.80 jeans.

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