Fast-fashion pioneer Forever 21 has a new CEO
Check out the full article on Forever 21’s new leadership and portfolio plays
Select snippet from Carol Spieckerman:
“ABG’s product development resources will help drive category expansion for brands such as Forever 21, which ABG obviously intends to evolve into a multi-category lifestyle brand. Through Simon, ABG has the confidence to pursue physical and digital retail for its brands. The diversification of ABG’s portfolio serves as a hedge against failure since each brand specializes in particular categories and appeals to unique lifestyle segments.”
