by Maximarie


On April 21, 1984 Korean immigrants Do Won Chang and his wife Jin Sook opened the first Forever 21 (back then the store was called Fashion 21). The store  is 900 ft squared and is located on 5637 North Figueroa Street, Los Angeles, CA 90042. Their store was so successful that they had enough money to open up a store every six months. By the time 1997  came around they had opened 40 stores. Forever 21 sells kids, women, men and plus size clothes.  Forever 21 also sells make up, socks, bags, bows, necklaces, rings, nail polish, etc. 


Goals
To become an 8 billion dollar company by 2017
To open 600 stores in the next three years.

10 Facts
1. There are over 480 Forever 21 stores.
2. Forever 21 has a  bible verse at the bottom of each of  bag (john 3:16).
3. There many names for Forever 21, Forever XXI, Fashion 21, Gadzooks, Love 21
4. The biggest Forever 21 store is an 162,000 square foot store located on 1540 Broadway New York, NY 10036 United States
5. Forever 21 is the 5th largest retailer in the US.
6. The average store is 38,000 square feet.
7. A customer in Toronto, Canada named her child Tiev Forever Golding because she was born in Forever 21. Once the child’s passport expires her mom will officially change  her name to “Forever”.
8. In it’s first year Fashion 21 made 700,000 dollars.
9. The 1st Forever 21 mall store was opened 1989.
10. The line Forever 21 men was launched in 2006.

Do Won Chang and Jin Sook are now Multi Billionaires and their net worth is  5.4 billion



 



click picture above to go to forever 21.com
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