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Asked by: Moufida Isundegui
style and fashion childrens clothingAre H & M and Forever 21 owned by the same company?
H&M Group — the parent company ofH&M which includes brands Cos, & Other Stories, andArket, among others — reported a 10% increase in net salesfor the first quarter of 2019. We shopped at a Forever 21and H&M store, and saw that Forever 21's in-storeexperience paled in comparison to H&M.
Consequently, is H&M or Forever 21 cheaper?
There colors are according to season also. Forever21 is definitely cheaper in price, and a bit in qualityalso. Prices, it depends. I find the value of h&M betterbecause their clothing is better quality.
Similarly, who is forever 21 owned by?
Do Won and Jin Sook Chang cofounded teen apparelretailer Forever 21, which has 800 stores in 57 countries.The couple fell of Forbes' billionaire ranks in July 2019 amid asales slowdown that has reportedly brought the firm to the brink ofbankruptcy.
The company is owned by textile giant Inditex andis its flagship brand. Zara's ownership of its supply-chainsteps allows for more rapid product turnover; Zara candesign a product and have it sold in stores a month later.Zara boasts 2,200 stores in 96 countries.