Forever 21 hires restructuring advisers

Forever 21 has reportedly gone further in its efforts to avoid bankruptcy, according to the Wall Street Journal. The publication reported that the retailer has hired restructuring advisers, citing sources familiar with the matter. Latham & Watkins LLP is on board to help renegotiate leases that could involve shuttering stores, and Alvarez & Marsal was hired to overhaul operations, the Journal said...
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