Fashion retailer Forever 21 revealed that it has suffered a knowledge breach at a few of its shops.
According to information from Fortune, buyer cost card data was compromised at sure level of sale units in shops when the encryption on these units was not working. The firm, which operates greater than 815 shops in 57 international locations, didn’t say which particular places have been affected.
The outcomes have been a part of an investigation Forever 21 began after it acquired a third-party report suggesting the unauthorized entry. The Los Angeles-based firm stated the probe was centered on transactions made at its shops between March and October of this yr, and that for the reason that investigation was ongoing, it couldn’t give full findings.
Earlier this yr, Forever 21 partnered with mall proprietor GGP Inc. to introduce a brand new freestanding brick-and-mortar retailer dubbed Riley Rose. With the opening of this new retailer, which already has 13 places at GGP malls, the retailer may have the chance to experiment and focus extra on social media-friendly millennials.
“Forever 21 is always ready to expand into new concepts, and has partnered with GGP to open stores in 13 of their top tier locations,” stated Forever 21’s CEO, Do Won Chang. “These new, experiential spaces will be focused on accessories, cosmetics and home goods for the millennial consumer. We will open 10 stores in 2017 and follow up with three more in 2018.”