I deffinitely think so. When forever21 first opened, at least in the location by me, they had awesome clothes and awesome deals! Now I feel that the prices have gone way up and frankly, for the quality of the item, sometimes its just not worth it.
I haven't had a problem with things falling apart like I have at American Eagle. Probably depends on what you are buying. I know I have seen a few things that were of questionable quality, but I purposely avoid those items.