Forever 21 pulls out of China


Forever 21 pulls out of China

Forever 21 has confirmed that it is to close its online stores on Tmall and JD.com  in China at the end of April and will also close its own website for the country. No announcement has yet been made as to the future for its 11 stores in China. The latest raft of closures follows its withdrawal from Taiwan last month. The retailer is also understood to be weighing up the future for its UK operations as it moves to stem losses.

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