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目前顯示的是 3月, 2025的文章

The Rise and Fall of Forever 21

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  Written by Michelle Selina Forever 21, once a global fashion powerhouse, is facing its third bankruptcy, signaling a turbulent phase for the fast-fashion giant. Known for its trendy, affordable clothing, Forever 21 expanded rapidly, opening stores worldwide and becoming a favorite among millennials and early Gen-Z shoppers. However, the brand has struggled to adapt to changing consumer behaviors and market dynamics, leading to repeated financial crises. With its latest bankruptcy filing, Forever 21 plans to close all U.S. stores, including five in Colorado, while its international stores remain operational. What led to this downfall, and what’s next for the iconic retailer? The Rise and Fall of Forever 21 Forever 21 was founded in 1984 by Do Won Chang and Jin Sook Chang in Los Angeles. The brand quickly gained popularity for its affordable, on-trend fashion, appealing to young shoppers. At its peak, Forever 21 operated over 800 stores globally, becoming a staple in malls worl...

The First Banknote Made with Banana Hemp

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Written by Michelle Selina   When you think of banknotes, materials like paper or polymer are likely to come to mind. But what if we told you that the Philippine Peso is breaking the mold by incorporating banana hemp into its composition? The new Philippine Peso is made from 80% cotton and 20% banana hemp, making it 100% biodegradable and a trailblazer in sustainable currency. This innovative approach not only reflects the Philippines' commitment to environmental sustainability but also leverages its abundant natural resources. Let’s dive deeper into why banana hemp was chosen, how it’s transforming the peso, and what this means for the future of currency worldwide. Why Banana Hemp? The Philippines is one of the world’s largest producers of bananas, making banana hemp a readily available and sustainable resource. Here’s why it’s an ideal choice for banknotes: Eco-Friendly: Banana hemp is biodegradable, reducing the environmental impact of currency production and di...