Forever 21 secures £62m deal to sell US assets

// Forever 21 has secured a deal with US property companies to sell its retail business
// Simon Property Group and Brookfield Property Partners and Authentic Brands Group agreed to pay £62m for Forever 21’s US assets
// Forever 21 has around 800 stores in 57 countriesControl of collapsed fast-fashion retailer Forever 21 has been handed over to a consortium of creditors led by US property companies for $81 million (£62 million).
Simon Property Group and Brookfield Property Part