{"id":2180,"date":"2020-06-11T14:15:04","date_gmt":"2020-06-11T20:15:04","guid":{"rendered":"http:\/\/accesstomexico.mx\/blog\/?p=2180"},"modified":"2020-06-11T14:15:04","modified_gmt":"2020-06-11T20:15:04","slug":"forever-21-to-expand-in-mexico-under-new-model","status":"publish","type":"post","link":"https:\/\/accesstomexico.mx\/blog\/forever-21-to-expand-in-mexico-under-new-model\/","title":{"rendered":"Forever 21 to expand in Mexico under new model."},"content":{"rendered":"\n
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CSA<\/a><\/p>\n\n\n\n

The new owners of Forever 21 plan to expand the teen retailer\u2019s presence south of the border.  <\/p>\n\n\n\n

Authentic Brands Group which acquired Forever 21 along with Simon Property Group and Brookfield Property Partners in February, is partnering with IB Group to expand the brand across Mexico. Forever 21 Mexico, a newly-formed entity under IB Group and Grupo Cojab, will be responsible for the distribution of Forever 21 in Mexico and plans to open new shop-in-shops in the region this year. <\/p>\n\n\n\n

Under the new structure, 37 Forever 21 stores will transition from a vertical operation to a licensed model and will remain open.<\/p>\n\n\n\n

\u201cOur partnership with IB Group serves as a new launching point for Forever 21 in Mexico,\u201d said Jamie Salter, founder, chairman, and CEO of ABG. \u201cThe brand has an incredibly loyal following of fashion-forward, female customers in the region who identify with its unique offerings and collaborations. In recent years, Forever 21 has also seen consistent growth across the men\u2019s category. We\u2019re excited to be working with IB Group to continue the brand\u2019s growth and success in this important market.\u201d
 
This announcement expands ABG\u2019s relationship with IB Group, a marquee partner of the ABG-owned A\u00e9ropostale brand in Mexico. IB Group has introduced American brands to the Mexican market including Champion, Chico\u2019s, London Fog, Capelli, and Soma, among others. The Mexican holding company specializes in sourcing, distribution, retail, real estate, and marketing of fashion and consumer brands.<\/p>\n\n\n\n

After recent store closures due the COVID-19 pandemic, Forever is steadily re-opening doors across the U.S., Mexico, Europe, and Southeast Asia in compliance with the safety guidelines and recommendations by the CDC (Centers of Disease Control and Prevention).<\/p>\n\n\n\n

Forever 21\u2019s ownership group is working with various landlords around the world to maintain Forever 21 store operations and expand the brand in key regions including Brazil, Latin America, Canada, North America, Western Europe, and China.<\/p>\n\n\n\n

Marianne Wilson. (2020). Forever 21 to expand in Mexico under new model. USA. CSA.<\/em> Recuperado de <\/strong><\/p>\n\n\n\n

https:\/\/chainstoreage.com\/forever-21-expand-mexico-under-new-model<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CSA The new owners of Forever 21 plan to expand the teen retailer\u2019s presence south of the border.   Authentic Brands Group which acquired Forever 21 along with Simon Property Group and Brookfield Property Partners in February, is partnering with IB Group […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2180","post","type-post","status-publish","format-standard","hentry","category-uncategorized","clearfix"],"_links":{"self":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/2180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/comments?post=2180"}],"version-history":[{"count":1,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/2180\/revisions"}],"predecessor-version":[{"id":2182,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/2180\/revisions\/2182"}],"wp:attachment":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/media?parent=2180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/categories?post=2180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/tags?post=2180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}