FedEx shares slide as annual forecast cuts stoke worries on economy
FedEx's shares fell sharply after the parcel delivery firm cut its fiscal 2025 forecasts, adding to worries about the health ...
Global Financial Market Review1d
Forever 21: Fashion Giant Falls Again
The latest bankruptcy proceedings, which formally began on 17 March 2025, will see the brand closing all its U.S. stores starting on 27 May, with liquidation sales expected to conclude by 10 June.
The American Bazaar3d
Forever 21 files for bankruptcy, blames Shein and Temu
Forever 21 has been seeking a buyer for several months and has contacted more than 200 potential bidders, 30 of which signed confidentiality agreements, but no viable deal has come together ...
The Edge Singapore3d
The global supply chain finance industry is primed for a reshuffle
Driven by technological advancement and the increasing sophistication of the financial markets, the global landscape for ...
Forever 21 blames foreign rivals as it files for US bankruptcy
Forever 21 blamed the rapid ascent of foreign rivals like Shein, in addition to rising costs, as it filed for bankruptcy for ...
The Business Times5d
Shein says US tariff hit won’t stop fast-fashion flood
PARIS] Tariffs imposed by the Trump administration will not eject fast-fashion juggernaut Shein from the US market, its executive chairman Donald Tang has said. Read more at The Business Times.