Forever 21 UK stores to commence £30m stock clearance sale

Forever 21 store

Forever 21 has commenced a £30m stock clearance sale from its three remaining UK stores, as its administrators look to wind up the business here.

The retailer will be looking to liquidate all of its stock in its remaining three UK stores in London, Liverpool and Birmingham as the fashion brand looks to wind its operations in the country down following it filing for Chapter 11 bankruptcy in the US at the end of September.

RSM Restructuring Advisory was appointed as administrators on September 30 following the bankruptcy filing in the US.

Retail restructuring partner at RSM UK, Damian Webb, said he was anticipating “huge interest” in Forever 21’s closing down sale.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.