Forever 21

No one escapes the aging process, least of all the Forever 21 brand. Due to changing fashion and shopping habits, the clothing chain had no choice but to declare bankruptcy in 2019.

Its target audience, teens and twenty-somethings, have started to pay more attention to sustainable business practices and are choosing to support companies that give back to society, a practice that the chain did not emphasize. We choose to buy our organza skirts and cheesy taco tops at thrift shops these days, and our wallets are thanking us.