Friday 24 January 2020

Forever 21’s biggest landlord could become its new owner

Last summer, struggling fast-fashion retailer Forever 21 reportedly reached out to its landlords to ask for investment in the company. Now, with bankruptcy proceedings well underway, one landlord might be ready to take up that offer. Simon Property Group is considering a bid to acquire Forever 21 as it teeters on the edge of liquidation, Bloomberg reported. The Indianapolis-based mall owner would team up with Authentic Brands Group in this potential deal to operate the



source https://therealdeal.com/2020/01/24/forever-21s-biggest-landlord-could-become-its-new-owner/

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