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Making Sense of This Week’s Big Fashion Bankruptcies

News of Forever 21 and Hudson’s Bay facing liquidation this week rang alarm bells for an industry already facing macroeconomic challenges this year. But their failures could have been avoided.
Forever 21 store front.
Forever 21 filed for bankruptcy protection for the second time in six years. (Shutterstock)

This week, the industry was rocked by a pair of bankruptcies that could see two shopping mall fixtures disappear.

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