Do Won Chang Explained

Do Won Chang
Birth Date:20 March 1954
Birth Place:South Korea
Nationality:American
Years Active:1984–2020
Employer:Forever 21 (1984–2020) (bankrupt)
Occupation:Founder and former owner of Forever 21
Spouse:Jin Sook Chang (m.?)
Children:2 daughters

Do Won Chang (Hangul: 장도원; born March 20, 1954) is a Korean-born American businessman. He founded the clothing store chain Forever 21 with his wife Jin Sook Chang.

Early life

Chang grew up in South Korea and moved to California in 1981 with his wife, Jin Sook Chang.[1] He never attended university and worked in coffee shops growing up.[2]

Career

He and his wife, Jin Sook (Hangul: 진숙), opened a 900-square foot clothing store then named Fashion 21 in 1984 in Highland Park, Los Angeles with only $11,000 in savings. The store took off, and as they expanded to other locations, the store's name was changed to Forever 21 otherwise known as XXI. The number of stores grew to 600, with 30,000 employees by 2015.[3] The company has remained a family-owned operation. It has filed for bankruptcy protection as of 2019.[4] [5]

Personal life

Do Won Chang and Jin Sook Chang have two children, and live in Beverly Hills, California.[6] They are Christians, which is why is on the bottom of every bag.[7]

Their two daughters, Esther and Linda Chang co-founded the company Riley Rose, a make-up and accessory company that Forever 21 carries in its stores. Linda was also in charge of marketing at Forever 21, while Esther was in charge of visual design.

Philanthropy

The Changs have donated money to churches and faith groups, and Do Won travels to perform missionary work.[3]

Notes and References

  1. News: Exclusive Interview With One Of America's Most Successful Immigrants: Forever 21's Do Won Chang. Chung. Grace. October 5, 2016. Forbes. 2017-01-28.
  2. News: HOW I MADE IT — Do Won Chang. 2010-07-31. Los Angeles Times. 2019-04-15. en-US. 0458-3035.
  3. News: How I Made It — Do Won Chang. Bensinger. Ken. July 31, 2010. Los Angeles Times. en-US. 0458-3035. 2017-01-28.
  4. Web site: Associated Press. 2019-09-30. Forever 21 files for Chapter 11 bankruptcy. 2020-06-24. INQUIRER.net. en.
  5. News: 2019-09-30. Forever 21 files for bankruptcy protection. en-GB. BBC News. 2020-06-24.
  6. Web site: Forbes profile: Jin Sook & Do Won Chang . Forbes. 20 February 2018.
  7. News: The gospel according to Forever 21. Wiseman. Eva. July 16, 2011. The Guardian. en-GB. 0261-3077. 2017-01-28.