Forever 21 to enter Galeria Północna

Forever 21, one of the leading retail companies in the US, will open its first Polish shop in Warsaw-based Galeria Północna, which is to be delivered in 2017, dlahandlu.pl reported. "Forever 21 is a fashion giant and may pose a threat to leading Polish brands. On the other hand, the Polish market is very competitive and the best locations are already occupied," Beata Kobiel from CBRE told Puls Biznesu in July. Forever 21 is an American retail company with headquarters in Los Angeles.  It was founded in 1984 and its sales exceeded $3.7 billion in 2013. Galeria Północna will offer 64,000 sqm GLA and will be located in Warsaw’s Białołęka district. Real estate developer GTC is the scheme's investor. The mall is 50 percent leased.