Clothing Chain Retailers Moves Headquarters to Lincoln Heights
By EGP News Report
Clothing chain giant Forever 21 held a ribbon cutting ceremony Wednesday at its new headquarters in the Los Angeles neighborhood of Lincoln Heights.
The local councilman, Ed P. Reyes and Mayor Antonio Villaraigosa, along with hundreds of Forever 21 employees and executives, attended the ceremony.
The facility will help Forever 21 retain over 1,800 jobs and could allow the company to grow by hundreds more, according to a press statement from Councilman Reyes’ office.
“Bringing Forever 21’s new headquarters to our community is fantastic news for the continuing economic recovery,” said Reyes.
The apparel company was founded in Los Angeles by Korean immigrants Don Chang and Jin Sook Chang, who first opened their 900 square-foot store in 1984. Forever 21 is one of the world’s fastest growing companies with 500 stores in 15 countries. The new 1.8 million facility, on the 3800 block of North Mission Road in Lincoln Heights, includes the company’s headquarters, distribution, logistics, e-commerce, merchandising, and warehouse space.
“Today, we celebrate 1.8 million square-feet of a Los Angeles success story,” said Mayor Villaraigosa. “I’m proud that my office was able to make Forever 21’s expansion process easier by cutting red tape.”
“In the last three years, Forever 21 has seen extraordinary growth opening over 175 stores in over 15 countries,” said Don Chang, Forever 21 Founder and CEO. He said the facility in Lincoln Heights “enabled us to bring all of our Corporate and Distribution Center employees together under one roof.”Print This Post
November 15, 2012 Copyright © 2012 Eastern Group Publications, Inc.