Morning Brew Daily Forever 21 Goes Bankrupt & ChatGPT Can Have Anxiety?
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Mar 18, 2025 The bankruptcy of Forever 21 raises questions about the future of fast fashion as it struggles against e-commerce giants. PepsiCo's bold investment in a trendy prebiotic soda brand signals a shift in consumer tastes. Intriguingly, AI models like ChatGPT can experience anxiety from heavy prompts, highlighting the complexities of using technology for mental health. Plus, 'vibe coding' empowers users to create apps without needing coding skills, showcasing a new wave of innovation in tech. Dive into these captivating discussions!
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Forever 21's Rise and Fall
- Forever 21 achieved peak sales of over $4 billion and employed over 43,000 people worldwide.
- However, aggressive expansion coincided with the rise of e-commerce, leading to its decline.
Forever 21's Bankruptcy Blame
- Forever 21 blames Chinese marketplaces Taimou and Shein, and a tariff exemption, for its downfall.
- The exemption allows packages under $800 to ship from China without tariffs.
PepsiCo Acquires Poppi
- PepsiCo acquired prebiotic soda brand Poppi for nearly $2 billion.
- Poppi, founded in 2018, focuses on healthy ingredients and low sugar content.