Forever 21 Is Potentially Filing For Bankruptcy

Photo: Getty

SAY IT AIN'T SO.

We've already been through the turmoil of Charlotte Russe closing it's doors (which thankfully re-opened) but now there is the potential that we'll have to go through the same grieving process with Forever 21.

Bloomberg reported that "[t]he company has been in talks for additional financing and working with a team of advisers to help it restructure its debt, but negotiations with possible lenders have so far stalled."

Forever 21 has yet to release a comment on the speculations, but Twitter users have certainly voiced their opinions (including many anticipating the idea of a blowout sale). We guess only time will tell if this news is true or not (and we're keeping our fingers crossed as we write this 🤞).