The operator of Forever 21 stores in the United States has filed for bankruptcy protection citing fierce competition from Shein and Temu. It's the chain's second filing in six years.
An iconic British footwear brand made famous by generations of punk and alternative rockers is modernizing how it recognizes and interacts with customers.
American Eagle Outfitters reported profit and comparative sales gains for the holiday quarter, but echoed other retailers in saying that consumer demand was slowing.