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Korean fast-fashion brand Forever 21 finds new owner in 4 months after filing for bankruptcy

Korea’s fast-fashion emporium, Forever 21 has found a new owner in just four months after it filed for bankruptcy. The retail brand is to sell most of its business for $81 million to a consortium made up of mall operators Simon Property Group, Brookfield Property Partners and brand management firm Authentic Brands Group. Watch this video, for more information.

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