REUTERS: Forever 21's new co-owner Authentic Brands Group said on Tuesday it had appointed former H&M executive Daniel Kulle as the new chief executive officer of the bankrupt apparel retailer.
Kulle, a two-decade veteran at the Swedish apparel retailer, most recently worked as strategic adviser to former H&M Group Chief Executive Karl-Johan Persson.Authentic Brands said earlier this month it had partnered with mall owner Simon Property and Brookfield Property to acquire Forever 21, without disclosing the financial terms of the deal.
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