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"With its biggest sale of the year in April, the retailer was ready for surging volume when stores closed in March."
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Unrivalled, world class journalism across fashion, luxury and beauty industries.
Shein Comes to Market… Finally
The retailer begins trading in Hong Kong at a valuation of about $26 billion, a quarter of the nearly $100 billion it commanded at its 2022 peak. What happened to fast fashion’s former darling?
Baldness Drugs Are Wall Street’s Next Goldmine
Drugmakers working on the next generation of male hair loss treatments are seeing soaring share prices, reminiscent of a similar pattern with GLP-1 innovations.
EssilorLuxottica Clan’s €40 Billion Rift Grows With Heir’s Exit
The fight over the late Leonardo Del Vecchio’s fortune deepened after the exit of one of his heirs from management roles at the eyewear company he founded.
Nike Hires Ex-Foot Locker Executive to Run Converse Operations
Kristin Bauer, who was chief supply chain officer for the sneaker retailer for nearly three years, will join Converse as chief operating officer on Sept. 14, according to an internal memo.
