While bank lenders are being repaid in full, Forever 21’s suppliers are facing heavy losses after its bankruptcy sale
Judge Kevin Gross of the U.S. Bankruptcy Court in Wilmington, Del., said Tuesday he would approve the $81 million purchase of Forever 21’s assets by a consortium of the retailer’s largest landlords, Simon Property Group Inc.
and Brookfield Property Partners LP, and Authentic Brands.South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forever 21 Cancels Auction, Readies Sale to Mall OwnersA group made up of Forever 21’s biggest landlords—Simon Property Group and Brookfield Property Partners—along with Authentic Brands Group, a brand licensing firm, has offered $81 million for the bankrupt fast-fashion retailer.
Read more »
Here's where Google's first 21 employees are now - Business InsiderOut of Google's first 21 employees, only a handful still work for the search giant — even Sergey Brin and Larry Page have left the company.
Read more »
21 Zendaya Fashion Moments That Just Keep Getting Better The More You Scroll'Talented, brilliant, incredible, amazing, showstopping, spectacular, never the same, totally unique.' —Me, about Zendaya.
Read more »
21 Prefab Tiny Houses You Can Buy Right NowEach of these homes is a tiny slice of perfect.
Read more »
Julia Louis-Dreyfus Answers 21 Questions From Her Famous FriendsThe queen of comedy takes time out of her busy schedule—on her birthday—to answer questions from Abbi Jacobson, Stephen Colbert, Billie Jean King, and more.
Read more »