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Edited by on August 17 2010 at 5:30 PM

Forever 21 Laughs at Others Misfortunes; Promptly Buys Up Space

On the heels of their recent and very successful Times Square store opening, Forever 21 must be shrugging at American Apparel and Abercrombie & Fitch, saying “What financial trouble?” In fact, reports are coming in that the fast-fashion retailer will soon take over the 94,000 square feet Sak’s Fifth Avenue in Orange County.

Can the ongoing success of stores like Forever 21 and Uniqlo and the failure of American Apparel and A&F be attributed to the economy? Differing financial management? Conservative advertising versus risqué? Who knows? Let’s just sit back and watch the world clothe themselves in jersey dresses.
LINK LOVE: Racked

Story by Jason Chan, Señor

Jason is a Midwestern boy at heart. He loves tattoos, booze, and shoes. Also, he needs a girlfriend.