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Forever 21, Inc. is a privately-held, fast-fashion retailer specializing in fashion apparel and accessories for women, men, and children through its stores and online. Forever 21, Inc. was founded in 1984 by Do Won and Jin Sook Chang, and has headquarters in Los Angeles, California.
| Company Tags: | Minority Owned Woman Owned |
| Year Founded: | 1984 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Los Angeles |
| State/Province: | California |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.forever21.com |
| Twitter: | http://www.twitter.com/https://twitter.com/Forever21 |
| Facebook: | http://https://www.facebook.com/Forever21 |
| Brands: | Forever21 Girls Heritage 1981 Love21 Maternity Forever 21+ 21Men XXI Forever Love21 |
| Founders: | Do Won Chang Jin Sook Chang |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Export All Forever 21, Inc. Financials To Excel
$99 Single Company AccessInstant Full Site-Wide Access| Income Statement | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| Revenues | View | View | View | View | View | View | $925,000,000 | $640,000,000 | |
| Employee Figures | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| Total Employees | View | View | View | View | View | View | View | 11,500 | 7,000 |
| Productivity (Revenue/Employee) | View | View | View | View | View | View | $80,435 | $91,429 | |
| Location Statistics | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| Total Locations | View | View | View | View | View | View | View | 355 | 205 |
| Revenues Breakdown | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| Online Revenues | View | View |
| Financial Notes: | |
| * | Forever 21, Inc. fiscal year end: 12/31 |
Export All Forever 21, Inc. Financials To Excel
$99 Single Company AccessInstant Full Site-Wide AccessForever 21, Inc. Revenues ($ MM): |
Forever 21, Inc. Total Employees: |
Forever 21, Inc. Productivity (Revenue/Employee) ($): |
Forever 21, Inc. Total Locations: |
Forever 21, Inc. Online Revenues ($ MM): |
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$99 Single Company AccessInstant Full Site-Wide Access| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Jul. 2003 | Completed | Reference Co. | Forever 21, Inc. | Acquisition Sec 363 Bankruptcy Sale | $3,500,000 |
| Details | Mar. 2005 | Completed | Gadzooks, Inc. | Forever 21, Inc. | Acquisition | $33,000,000 |
| Details | Jun. 2006 | Completed | View1 | View | Acquisition Asset Sale | View |
| 1 | Included in the transaction are...Read More → |
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$99 Single Company AccessInstant Full Site-Wide AccessHistory
Operating in the Highland Park district of Los Angeles, Forever 21, Inc. first rooted itself in the fashion industry in 1984 as a small store named Fashion 21. While Forever 21's original target market was the Los Angeles Korean-American community, people from many other ethnicities and nationalities began noticing the trend-setting fashion designs. As an effect, the store became increasingly popular. As sales grew and the clientele expanded, founders Do Won Chang and Jin Sook Chang eventually expanded operations, and later changed the company name from Fashion 21 to Forever 21.
Revenue Model
Forever 21 generates the majority of its revenue through online purchases and in-store sales. Its products include clothing, cosmetics, shoes, and swimwear. The company's philosophy for generating revenue is based around the mass production of fashion items. By mass-producing stylish clothing, cosmetic, and swimwear items, the company garners sales by offering lower-cost, chic… Continue Reading →
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