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Shein Will Struggle to Justify Up to $50 Billion Hong Kong IPO Valuation
The ultra-fast-fashion giant’s valuation has fallen from $98.2 billion following a fundraising round in 2022 to $64 billion after another funding round in 2024.
Bernard Arnault Joins X as LVMH CEO Fights Off Rumours of Family Disunity
French newspaper Le Monde published a six-part series last week on the tycoon, including alleged tensions among his family members driven by succession.
LVMH Fashion Sales Rise 1% as Dior Turns Corner
Sales at the group’s fashion and leather goods unit returned to organic growth after a two-year slump, with Dior’s sales back in positive territory a year into a creative reset piloted by Jonathan Anderson. Group sales rose 3 percent.
CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
