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4 fashion brands and retailers that filed for bankruptcy in 2025

Summary by Business Insider
Forever 21 filed for bankruptcy in March.Kevin Carter/Getty ImagesSeveral major fashion brands and retailers have filed for bankruptcy in 2025.Economic challenges, tariffs, and competition from fast-fashion brands like Shein hurt sales.Store closures and shifting consumer spending patterns continue to impact the fashion industry.It's been a busy year for corporate bankruptcies, and fashion brands and retailers aren't immune.An uncertain economic…

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Business Insider broke the news in United States on Sunday, November 30, 2025.
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