Forever 21

OVERALL
Owned	USA
Rating

Youth fashion

Founded in California in 1984 by CEO Don Chang and his wife. About 60% of its apparel is manufactured in China. Operates about 500 retail stores around the world. Filed for bankruptcy in 2019 and acquired by Authentic Brands Group, Simon Property Group and Brookfield Property Partners in 2020. Forever 21 entered Australia in 2014, but left in 2017.

Company Ownership


Forever 21 Inc	USA	website	email
SPARC Group LLC owns 100% of Forever 21 Inc	USA	website	email
Retail Joint venture between Simon Property Group, a retail real estate company and Authentic Brands Group, a brand development company. SPARC stands for Simon Property Authentic Retail Concepts.
Simon Property Group Inc owns 50% of SPARC Group LLC	USA	website		facebook	twitter
Real estate investment trust The largest owner of shopping malls in the United States.
Authentic Brands Group LLC owns 50% of SPARC Group LLC	USA	website	email
Brand development and licensing Purchases brands in the sports, celebrity and fashion categories and licenses the intellectual property to leading retailers, wholesalers, and manufacturers worldwide. Acquired Juicy Couture in 2013, Tretorn in 2015 and Nautica and Nine West in 2018. Bought Van Heusen, Arrow and Izod from PVH, and Reebok from Adidas in 2021. Private equity firms BlackRock, CVC and HPS own significant stakes.
BlackRock Inc owns 30% of Authentic Brands Group LLC	USA	website
Asset management World's largest asset manager, with about $7 trillion in assets under management.