Toronto-based YM Inc will lead the expansion after establishing a partnership last year and announcing a new Forever 21 e-commerce site for the Canadian market.
The return of the physical stores comes after shuttering all locations as part of a bankruptcy filing in 2019. YM Inc acquired many of Forever 21’s leases after the retailer exited Canada, subsequently opening stores under various banners in the former Forever 21 locations including Urban Planet, Urban Behaviour and Stitches. Now some of the former Forever 21 locations will be converted back to the original banner as the brand re-enters the Canadian market once again.
It is not yet clear how many Forever 21 locations YM Inc will open in Canada, however locations have already been confirmed for Metropolis at Metrotown near Vancouver and Devonshire Mall in Windsor, Ontario.
The Forever 21 Canadian e-commerce website was launched in early 2020 through a partnership with YM Inc. and cross-border e-commerce solutions provider Global-e.
