Forever 21, the fifth largest fashion retail company in the US, plans to begin operations in Greece in the first half of 2017.
In September, Forever 21 opened four new stores in its European network of Teren Management Europe, the exclusive franchisee of the brand for 12 European countries. These were located in Bucharest (Romania), Bratislava (Slovakia), Lodz (Poland) and Prague (Czech Republic). The company will open its second store in Poznan (Poland) this month and its first in Lisbon (Portugal).
Teren Management Europe launched in its first Forever 21 store in April 2016 and plans to operate a network of 20 stores in 12 European countries by the end of 2017 (Bulgaria, Switzerland, Greece, Italy, Spain, Cyprus, Hungary, Poland, Portugal, Romania, Slovakia and Czech Republic).
Forever 21 operates a network of 750 stores in 49 countries around the world. It was founded in 1984 and it is based in Los Angeles.