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Forever 21 Owner Sues Bolt: 'Utterly Failed' to Deliver Tech Promises – Sourcing Journal

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The owner of Reebok and Brooks Brothers is suing a rising tech innovator for allegedly failing to live up to its promises and costing Forever 21 as much as $150 million in sales. Authentic Brands Group (ABG), which also counts Barneys New York, Eddie Bauer and Lucky Brand in its portfolio, claims Bolt Financial, Inc. “has utterly…
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Sourcing Journal is a part of Penske Media Corporation. © 2022 Sourcing Journal Media, LLC. All Rights Reserved.

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