Forever 21 was officially acquired by Authentic Brands Group & Simon

Authentic Brands Group, Simon Property Group and Brookfield Property Group have confirmed acquisition of Forever 21. ABG and Simon will each own 37.5 percent of the retailer's intellectual property and operating businesses.

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ABG Completes Acquisition of Forever 21

ABG Completes Acquisition of Forever 21

ABG Finalizes the Acquisition of Forever 21 — Authentic Newsroom

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Forever 21 reaches deal to sell its retail business for $81 million

Authentic Brands Group on LinkedIn: ABG acquires Forever 21. ABG

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