In 2019, Barneys New York went under. But its name lives on under a new owner that specializes in buying and recharging dying brands. Spencer Platt/Getty Images
Spencer Platt/Getty Images
Can there be life after death? For many retailers, the answer is yes.
Take Forever 21. Four years ago, the chain filed for bankruptcy. In 2020, it was bought out of bankruptcy by an unusual team: America’s largest mall operators and a firm called Authentic Brands Group.
Today, it is as ready as ever
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