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AssetID: 54645383

Headline: Forever 21 files for bankruptcy in the US

Caption: Forever 21 has filed for bankruptcy protection for the second time in six years, citing competition from fast-fashion giants Shein and Temu. The retailer’s U.S. operations are expected to shut down, with liquidation sales already underway at over 350 stores. However, the company remains open to offers from potential buyers willing to acquire its inventory.

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