Forever 21 requires factories to comply with local laws and to agree to policies that prohibit child and slave labor. Still, contractors frequently circumvent such codes.

As for the manufacturers, Forever 21 moved most of its production to Asia following the settlement of a 2001 lawsuit in which American workers complained of sweatshop conditions. Forever 21’s factories attract an unusual number of labor complaints, labor expert Robert Ross of Clark University told Business Insider.

Labour Conditions None of its supply chain is certified by labour standards which ensure worker health and safety, living wages, or other labour rights.

Mr. Chang, the company’s chief executive, said in a 2012 interview that the chain was named Forever 21 because it targeted 20-somethings and because “old people wanted to be 21 again, and young people wanted to be 21 forever.” A large part of the company’s base is minorities, Ms.

Forever 21, the fast-fashion mall standby that filed for bankruptcy last year, will live on. Three companies announced Wednesday that they are jointly acquiring the retailer aimed at young shoppers and that they plan to continue to operate its U.S. and international stores.

Claire’s filed for Chapter 11 bankruptcy protection on Monday and announced it would be closing 92 stores in March and April. Claire’s is a teen jewelry and accessories retailer that’s perhaps best known for its ear-piercing service.

Here’s an Updated List of Stores Closing in 2020, So Far

1. Pier 1 Imports closed all 950 stores.
2. Stage Stores, which owns Gordmans, Bealls, and Goody’s, has closed all 700 locations.
3. GameStop expects 400-450 store closures this year.
4. Papyrus closing 254 stores.
5. H&M is closing 250 stores worldwide next year.

Victoria’s Secret plans to permanently close approximately 250 stores in the U.S. and Canada in 2020, its parent company L Brands announced Wednesday. The company says it will close 235 U.S. Victoria’s Secret and three Pink stores. It also plans to close 13 of its 38 stores in Canada.