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(CNN) -- Teen clothing retailer Forever 21 is preparing for a potential bankruptcy filing, according to several published reports.Forever 21, which is privately held, has more than 800 stores in 57 countries. And while many retailers have been paring back their network of stores in recent years, Forever 21 was adding stores as recently as 2016. It still has as many stores as it reported at that time.The ability to get out of leases and close stores at a lower cost is one of the advantages that the bankruptcy process affords to retailers.The company did not respond to requests for comment.Traditional brick-and-mortar retailers that specialize in selling clothes to teens and young adults have had a particularly hard time in recent years as younger buyers shift from mall visits to online purchases.Among the retailers in the segment that filed for bankruptcy and closed all their stores during the last five years are Wet Seal, American Apparel and Delia's. Aeropostale also filed for bankruptcy in 2016 but has kept some of its stores open.Many retailers have run into trouble due to being purchased by private equity firms or hedge funds. But Forever 21 is still owned by its founders, Do Won and Jin Sook Chang. A husband and wife team, the Changs immigrated from South Korea in 1981 and started the chain three years later with a single 900 square-foot store in Los Angeles and only ,000 in savings.Forbes lists the couple as having a net worth of .5 billion, and the privately-held company itself as having annual sales of .4 billion and 30,000 employees.Bloomberg reported in June that some members of Forever 21 management had asked some of its landlords to take a stake in the company as a way of coming up with funds it needs.Mall owner Simon Property Group, for which Forever 21 is a major tenant, took a stake in Aeropostale during its bankruptcy process. In July Simon Property CEO David Simon told investors it was open to working with other tenants facing trouble, without mentioning any by name."We'll work together on other distressed situations, and let's face it, there are some out there," Simon said. "But we're only going to buy into companies that, we think, have brands and that the volume that is worth doing it."But Bloomberg reported Thursday that Do Won Chang has been trying to maintain control of the company in any restructuring, and that his desire to do so has limited the company's ability to find funds it needs. 2469

(KGTV) - A man accused of leading police on a lengthy, high-speed pursuit in Oklahoma City Friday recorded the incident on Facebook Live.Sirens could be heard blaring in the background as the man drives the reportedly stolen truck. The man identified himself as the suspect in the chase, yelling, "I'm in a high-speed chase, bro!" out the window at another person.Watch the video below:At least three crashes were caused as a result of the hours-long chase, according to KOCO in Oklahoma.The chase began on Interstate 240 in southwest Oklahoma City and continued into Moore, OK. The truck lost its trailer while going through a field and at one point another vehicle tried to intervene, pulling alongside the truck and blocking it. RELATED: Oklahoma City Police chase stolen truck's driver down freeway, through fieldsThe driver of that vehicle got out of their vehicle and reportedly tried to shoot out the suspect's tires with a gun.The suspect was arrested after crashing their vehicle into a nearby pond. The suspect tried to run but was tased by authorities and placed into custody. 1110

(CNN) -- It takes four hands to open this new condom, created by an Argentine company in a bid to highlight the importance of consent.The "Consent Pack" of condoms was designed by ad agency BBDO Argentina for Tulipan, a company which sells adult toys and condoms."If it's not a yes, it's a no," and "Without consent there is no pleasure" says the tagline in the promotional video, along with the hashtag #PlacerConsentido, or "permitted pleasure."Another tagline reads: "Consent is the most important thing in sex."The pack's "unique system" requires four hands -- or two people -- to agree to open it, by clicking four buttons on the top and sides of the box at the same time.Executive creative directors of BBDO Argentina, Joaquin Campins and Christian Rosli, said in a statement to CNN: "Tulipan has always spoken of safe pleasure, but for this campaign we understood that we had to talk about the most important thing in every sexual relationship: pleasure is possible only if you both give your consent first."The condom is limited edition for now and being given to bar customers and attendees of events around Buenos Aires. But Tulipan plans to sell it online in the future.The pack comes after a survey of 30,000 people conducted by AHF Argentina, which campaigns for HIV treatment and services, revealed that 20.5% of Argentine men never use protection, 65% occasionally use condoms and only 14.5% regularly use them. 1434

(KGTV) -- A brush fire erupted Friday in the South San Francisco area, burning parts of an iconic hillside sign and prompting evacuations in the area.Bay Area TV station KGO reported the fire broke out just before 12 p.m.South San Francisco Fire Department officials issued mandatory evacuation orders for several nearby neighborhoods as flames approached an area known as "Sign Hill."Aerial footage showed the blaze burning some letters on a massive sign on a hill that reads “South San Francisco The Industrial City.”Fire officials did not say how much acreage the fire has burned as of 2 p.m.The cause of the fire is unknown. 636

(KGTV) — Holiday festivities roll into your favorite theme parks this November for a month full of seasonal fun!Disneyland and California Adventure Park will once again host their annual celebrations with the Haunted Mansion, It's a Small World, and Cars-themed fun in Radiator Springs.The Wizarding World of Harry Potter comes alive with Christmas cheer at Universal Studios, where Who-ville will also welcome their resident holiday grinch.Closer to home, SeaWorld San Diego and Legoland California kick off the holidays will special, family-fun activities and photo opportunities!Here's a glimpse at SoCal theme park fun this season:Nov. 9 - Holiday Magic at DisneylandSouthern California's holiday season kicks off in Anaheim, as Disneyland welcomes the holidays with seasonal fun at the Haunted Mansion, It's a Small World, and other attractions. Disney characters will also be around town for parades and fireworks extravaganzas!Nov. 9 -  Festival of Holidays at California Adventure ParkEnjoy the holidays at Disney's California Adventure Park as the stars of Cars take over, with Mater's Jingle Jamboree and Luigi's Joy to the Whirl experience. Mickey and Minnie will also bring the sights and sounds of Mexico with a special iViva Navidad! street party!Nov. 17 - Jan. 6 - Holidays at Universal StudiosFans of Harry Potter can experience the magic of Christmas at Universal Studio's Christmas at Hogwarts Castle event, transforming the park's Wizarding World of Harry Potter into a winter wonderland. And, on select days in December, The Grinch will bring "Grinchmas" to the town of Whoville for who-tacular fun!Nov. 17 - SeaWorld San Diego's Christmas CelebrationA wintery, watery wonderland comes to life at SeaWorld San Diego this holiday season, with a Christmas Village, a nativity show, unique gifts and foods, and Santa with a special appearance by Rudolph the red-nosed reindeer!Nov. 17 - Dec. 31 - Holidays at LegolandExperience holiday magic at Legoland, where a 30-foot high Lego Christmas tree will play centerpiece to a park full of holiday cheer.Nov. 18 - Dec. 31 - Holiday in the Park at Six Flags Magic MountainTake a ride on Six Flags' high-flying and adrenaline-packed roller coasters and check out holiday entertainment, DC Universe's transformation into Rockin' Universe, and Santa's Cottage.November - January (select days) - Knott's Merry FarmKnott's Berry Farm rings in the holidays with Charlie Brown and Snoopy, Calico carolers and festivities, live snow, and, of course, Santa and Mrs. Claus! 2588