Must Read: Forever 21 Considers Bankruptcy Filing, Investors Aren't Pleased With Farfetch's Evolving Business Model

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Author:Dara PrantUpdated:Aug 29, 2019Original:Aug 29, 2019These are the stories making headlines in fashion on Thursday.Forever 21 is reportedly preparing for a potential bankruptcy filing, according to sources close to the company. The retailer has been working with a team of advisers to help it restructure its debt and has been in talks for additional financing, but negotiations with possible lenders have gone nowhere.

5, Cheetos will make its New York Fashion Week debut with a runway show made up of 21 looks inspired by fans on social media, who over the years have shared their love for the brand through their own interpretations of the orange-dusted snack. Each look will be put together by fashion influencers and stylists Luanna, Hungry Hipsters, Alexa Jade and J. Bolin, and the presentation will close with a piece by costume designer Ami Goodheart.

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