Forever 21 was founded in 1984 by current CEO Do Won Chang and his wife Jin. Sook Chang The store was originally called Fashion 21 and targeted middle-aged women. Today, the company’s focus is more on younger women. The first store, located in Los Angeles, is still in operation today. 
In 1989, the company opened their 11th store. It was their first location inside a shopping mall.
In 1995, the first location outside of California was opened in Miami, FL.
By 1997, there were 40 stores. 
In 2010, the company opened its flagship two-story, 85,000 square foot store at the Los Cerritos Center. The company also expanded to the UK.
Forever 21 currently operates over 723 stores in the United States, Puerto Rico, Canada, Asia, Europe, and Latin America. The company had annual revenue in 2016 of $4.4 billion.
In late August 2019, the company stated that it was considering filing for bankruptcy to restructure its debts.
Forever 21 was founded in 1984 by current CEO Do Won Chang and his wife Jin. Sook Chang The store was originally called Fashion 21 and targeted middle-aged women. Today, the company’s focus is more on younger women. The first store, located in Los Angeles, is still in operation today.
In 1989, the company opened their 11th store. It was their first location inside a shopping mall.
History
In 1995, the first location outside of California was opened in Miami, FL.
By 1997, there were 40 stores.
In 2010, the company opened its flagship two-story, 85,000 square foot store at the Los Cerritos Center. The company also expanded to the UK.
Forever 21 currently operates over 723 stores in the United States, Puerto Rico, Canada, Asia, Europe, and Latin America. The company had annual revenue in 2016 of $4.4 billion.
In late August 2019, the company stated that it was considering filing for bankruptcy to restructure its debts.