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Clothing hangs on display for sale at a Forever 21 Inc. store in the Union Square neighborhood of New York, U.S., on Thursday, Aug. 29, 2019. Forever 21 Inc. is preparing for a potential bankruptcy filing as the fashion retailers cash dwindles and turnaround options fade, according to people with knowledge of the plans. Photographer: Jeenah Moon/Bloomberg via Getty Images

Clothing hangs on display for sale at a Forever 21 Inc. store in the Union Square neighborhood of New York, U.S., on Thursday, Aug. 29, 2019. Forever 21 Inc. is preparing for a potential bankruptcy filing as the fashion retailers cash dwindles and turnaround options fade, according to people with knowledge of the plans. Photographer: Jeenah Moon/Bloomberg via Getty Images