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Forever 21 says 'de minimis' exemption used by Shein and Temu is partly responsible for its second bankruptcy

Shein
Business Insider Fews App News Provider
Fews App Post Time Hace 52d

Forever 21 is facing fresh challenges, beyond declining malls and rising costs. Justin Sullivan/Getty ImagesForever 21 just filed for its second bankruptcy in five years. The former icon of American fast fashion partly blamed its troubles on Shein and Temu.

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