About Forever 21
Forever 21 is a company based in Los Angeles (United States) founded in 1984 by Do Won Chang was acquired by Authentic Games in February 2020.. Forever 21 has completed 1 acquisition, including Gadzooks Enchiladas & Soup.
- Headquarter Los Angeles, United States
- Founders Do Won Chang
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Forever 21 (India) Procurement Private Limited
- Date of Incorporation 19 May, 2011
- Jurisdiction Mew Delhi, Delhi, India
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Annual Revenue
$268.27 K (USD)29.37as on Mar 31, 2015
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Net Profit
$25.65 K (USD)32.23as on Mar 31, 2015
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EBITDA
$45.55 K (USD)3.7as on Mar 31, 2015
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Latest Funding Round
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Investors
Simon
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Authentic Games
(Feb 19, 2020)
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Leadership Team
79 people
Sales and Marketing
35 people
Legal and Compliance
19 people
Software Development Team
19 people
Creative and Marketing Team
14 people
Finance and Accounting
11 people
Brand Team
9 people
Human Resources and Administration
9 people
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Funding Insights of Forever 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Forever 21
Forever 21 has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Simon, Authentic Games and Brookfield Asset Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Focus is placed on real estate and renewable energy investments.
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Founded Year | Domain | Location | |
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Shopping and entertainment destinations are managed by Simon.
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Founded Year | Domain | Location | |
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Provider of an online marketplace for branded apparel and home goods. It offers a curated selection of clothing, shoes, accessories, and home furnishings from various well-known brands. The platform facilitates the sale of these products directly to consumers. Customers can shop by brand, category, or style, and the site features various promotional offers and collaborations. The business model centers on providing a convenient and comprehensive shopping experience for a wide range of products.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Forever 21
Forever 21 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Gadzooks Enchiladas & Soup. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mexican cuisine is served by Gadzooks restaurant chain.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Forever 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Forever 21 Comparisons
Competitors of Forever 21
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Forever 21
Frequently Asked Questions about Forever 21
When was Forever 21 founded?
Forever 21 was founded in 1984.
Where is Forever 21 located?
Forever 21 is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Forever 21?
Do Won Chang is the current CEO of Forever 21. They have also founded this company.
What is the annual revenue of Forever 21?
Annual revenue of Forever 21 is $268.27K as on Mar 31, 2015.
What does Forever 21 do?
Forever 21 was founded in 1984 in Los Angeles, United States, by Do Won Chang, who serves as CEO. Operations focus on the fashion retail sector, with stores offering affordable clothing, accessories, and beauty products targeted at young consumers. The chain maintains a presence in the United States and internationally, supported by an e-commerce platform at forever21.com. Headquarters remain in Los Angeles, where distribution and design activities are managed.
How many acquisitions has Forever 21 made?
Forever 21 has made 1 acquisition, including Gadzooks Enchiladas & Soup.
Who are Forever 21's investors?
Forever 21 has 3 investors. Key investors include Simon, Authentic Games, and Brookfield Asset Management.
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