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Business trends

Forever 21 to exit Japan in October

Fast-fashion retailer closes in Hong Kong after winding up in Taiwan and mainland

A Forever 21 outlet in Sapporo: The U.S. fast fashion retailer will cease all operations in Japan at the end of October.

TOKYO -- U.S. fast-fashion chain Forever 21 will close all of its 14 stores in Japan at the end of October, the U.S. company's Japanese arm said Wednesday. It also plans to close its Japanese online store.

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