×
280
Fashion Jobs
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Delhi / Ghaziabad
Permanent · Ghaziabad
MAHINDRA HOLIDAYS AND RESORTS INDIA LIMITED
Sales Team Manager/sr . Sales Manager/Territory Sales Manage-Bangalore
Permanent · Bengaluru
SERVOTECH INDIA LIMITED
Sil - Production Manager/ Quality Manager - Tarapur (Boisar)
Permanent · Tarapur
JOB INDIA
Area Sales Manager- Operations (Garment Retails)
Permanent · Gurugram
MAHINDRA HOLIDAYS AND RESORTS INDIA LIMITED
Team Manager/ Territory Manger- Sales- Meerut
Permanent · Meerut
HARI DARSHAN SEVASHRAM (P) LTD
Area Sales Manager - Punjab
Permanent · Ludhiana
ALGOR SUPPLYCHAIN SOLUTIONS PRIVATE LIMITED
Hiring For Sales Manager in Logistic co| Hyderabad | Bangalore
Permanent · Bengaluru
ELECTRONICA FINANCE LTD
Area Sales Manager - Faridabad Machinery Loan
Permanent · Faridabad
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Khammam_Vizianagram_Hyderabad
Permanent · Khammam
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Nagaur
Permanent · Nagaur
ATOMBERG TECHNOLOGIES PVT LTD
Area Sales Manager - Tirunelveli/Nellai
Permanent · Tirunelveli
HARI DARSHAN SEVASHRAM (P) LTD
Area Sales Manager - Punjab
Permanent · Ludhiana
DIGITAL INDYA
Hiring For Sales Manager
Permanent · Gurugram
VOX BUILDING PRODUCTS PRIVATE LIMITED
i am Looking For Smart Sales Executive/Sales sr Exe/Sales Manager
Permanent · Mysuru
PHARMA PLACEMENTS INC.
Manager Production - Apis & Intermediates
Permanent · Tarapur
PHARMA PLACEMENTS INC.
Manager Production - Apis & Intermediates
Permanent · Tarapur
FINO PAYMENTS BANK
Territory Sales Manager - Merchant & Distributor Onboarding - Rewari
Permanent · Rewari
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Pondicherry
Permanent · Puducherry
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Nilgiris
Permanent · Ooty
DR LAL PATHLABS
Requirement Territory Manager - Mau
Permanent · Greenville
DR LAL PATHLABS
Requirement Territory Manager - Varanasi
Permanent · Varanasi
DR LAL PATHLABS
Requirement Territory Manager - Lucknow
Permanent · Lucknow
By
Reuters API
Published
Feb 20, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Forever 21 snapped up by mall owners, Authentic Brands

By
Reuters API
Published
Feb 20, 2020

Forever 21 has a new lease on life after Simon Property Group Inc , Brookfield Property Partners LP and Authentic Brands Group agreed to acquire the bankrupt teen fashion retailer.


Forever 21 / Reuters




Brand management company Authentic Brands said on Wednesday it and mall owner Simon Property would own 37.5% each of the retailer, while Brookfield Property would buy 25% of the intellectual property and operating businesses.

Financial terms of the deal were not disclosed.

Forever 21, which has 815 stores in 57 countries, will continue to operate in U.S. and international markets, Authentic Brands said.

Forever 21 filed for Chapter 11 bankruptcy protection in September, making it another victim of the rising popularity of online shopping and changing fashion trends dictated by millennial shoppers.

The retailer's current, owned store operations in Central America, South America, Mexico, the Philippines, and the Caribbean would be converted to a licensed partnership model.

The new owners are also working with existing and new partners to expand Forever 21 across key territories, including South America, China, the Middle East and India, Authentic Brands said.

© Thomson Reuters 2021 All rights reserved.