Apply It 13.1: What Is Operations Management?

  • Understand what operations management is
  • Understand how operations management functions in the service industry

Fast Fashion’s Operational Challenges

This video examines Forever 21, a retailer that once dominated the market with $4 billion in sales but filed for bankruptcy for the second time in 2025. You’ll see this video case study again later in the module.

You can view the transcript for “How Forever 21 Plummeted From $4B in Sales to Twice Bankrupt | WSJ What Went Wrong” here (opens in new window).

How did Forever 21’s operations management approach initially contribute to its success in the fast fashion industry compared to traditional clothing retailers?