Forever 21 Planning Aggressive Expansion

Fast-fashion retailer Forever 21 (Los Angeles) will double in size by the end of 2017, according to founder and ceo Don Chang, bringing the company’s store count to about 1200 globally. The company’s newest concept, F21 Red will be key to that growth, according to Women’s Wear Daily. The value-priced concept, featuring items such as $3.90 tank tops and $4.80 swim suits, launched last month in an 18,000-square-foot store near Los Angeles. Forever 21 currently operates 469 stores in the U.S. and another 131 internationally.