Wednesday, February 11, 2009

Facts on Forever 21

After doing a little research on Forever 21 I came to find out some neat facts. Forever 21 stores are located all over the world in various different countries including, the US, Philippines, Canda, Singapore, Indonesia, Malaysia, United Arab Emirates, Jordan, Oman, Kuwait, Saudi Arabia, Bahrain, Thailand, South Korea, and Puerto Rico.
Forever 21 was launched in 1984 by a Korean-American named Do-Won Chang and Jin-Sookhas, his wife. It is a private label and is made in Southern California. The first store was located the Highland park district of Los Angeles on Figueroa St. It sells womens and mens fashionable clothing so it also has a few close competetors. It competes with stores like Charlotte Russe, Wet Seal, Guess, American Eagle etc.

In 2009 there was an estimated 355 store locations nationwide. The revenue recentley topped $1 BILLION dollars.

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