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flag Forever 21 files for bankruptcy again, plans to close U.S. stores unless a buyer is found.

flag Fast-fashion retailer Forever 21 has filed for bankruptcy protection for the second time, citing competition from online rivals, rising costs, and changing consumer trends. flag The company plans to wind down its U.S. operations unless a buyer is found, but its stores and website will remain open during the liquidation sales process. flag International operations are unaffected.

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