Skip to main content
BoF Logo

Agenda-setting intelligence, analysis and advice for the global fashion community.

‘They Played Us’: Forever 21 Vendors Scorn Retailer’s Bankruptcy

Several vendors are alleging the fast-fashion brand’s US operator requested heavy discounts on orders and took delivery of shipments shortly before filing for bankruptcy without disclosing its plans to reorganise.
Forever 21 store front.
It’s not the first time a Forever 21 bankruptcy has hurt vendors. (Shutterstock)

When Forever 21’s US operator asked for a discount of as much as 50 percent on a shipment from Kyuseung Ahn’s Seoul-based activewear supplier Leukon Inc., Ahn agreed to the American fast-fashion chain’s demands. For Ahn, it was business as usual: The goods were delivered and the two were exchanging emails on March 14. 

Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.

In This Article
Organisations

© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Retail
Analysis and advice from the front lines of the retail transformation.
view more
Latest News & Analysis
Unrivalled, world class journalism across fashion, luxury and beauty industries.
VIEW MORE
Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON