I LOVE Forever 21, and its family of stores, with similar names like For Love, XXI obviously to dodge the tax man. If you have not been, you have probably seen people toting those tell tale bright yellow plastic bags, who funnily enough have a reference to a Bible Quote on the bottom John 3.16.
Forever 21- High fashion, low prices with the sacrifice on quality, made…drum roll …
$1.3 BILLION IN REVENUE IN 2007.
1 of the Top 500 PRIVATE companys - wow, would I like stock in this company, or what !
Owned by a Religious Korean man named Don Won Chang. Who began his “Empire” back in 1984 in a 900 sqf store in Downtown Los Angeles ( let’s say, not the ritzy part ) and it grew to what it is today, with stores all over the U.S, and East Asia. Claims of Don Won, sounds like a Asian Tequila, running sweat shop like conditions, and Lawsuit from pissed off designers like Gwen Stafani , Anna Sui, Diane Von Furstenberg suing for copyright on clothing lines. With figures like that, our money bags D.Won is laughing all the way to the bank, via his church of course.
Me Likey Forever 21 – But please Mr Money Bags, ditch the yellow bags.
If you want to see what makes billion$ check out =
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