(CNN)– Forever 21 has filed for bankruptcy again. It is the second time the retailer’s U.S. operating company has filed in the past 6 years. In its filing Sunday, the company cited increased competition from foreign retailers of fast fashion. It has been struggling in recent years to keep up with Chinese owned retailers Shein and Temu especially since online shopping boomed during the pandemic. Forever 21 said it will hold liquidation sales at its U.S. stores, and is also trying to find a buyer for some or all of its assets. Categories: News Tags: forever 21 ...read more read less