Shein’s sliding market value reflects investor concerns over the fast-fashion retailer’s growth outlook.
Shein’s sliding market value reflects investor concerns over the fast-fashion retailer’s growth outlook.
The ultra-fast fashion retailer closed its first day of trading flat as investors weigh slowing growth and mounting challenges to its business model.
The ultra-fast fashion retailer closed its first day of trading flat as investors weigh slowing growth and mounting challenges to its business model.
More than 63 million shares changed hands leading up to the formal debut on Tuesday.
More than 63 million shares changed hands leading up to the formal debut on Tuesday.
Owners of small businesses have taken to social media to complain about a new EU packaging rule they say creates costs and complexities they aren't equipped to handle. Here's what you need to know about it.
Owners of small businesses have taken to social media to complain about a new EU packaging rule they say creates costs and complexities they aren't equipped to handle. Here's what you need to know about it.
ADVERTISEMENT
The US fragrance giant raised its full-year profit forecast and beat estimates for second-quarter results, benefiting from demand for its products on digital channels, despite a decline in store traffic.
The US fragrance giant raised its full-year profit forecast and beat estimates for second-quarter results, benefiting from demand for its products on digital channels, despite a decline in store traffic.
The company has tried to address ESG concerns that have triggered regulatory investigations and fines in several countries, but many of those challenges remain and could weigh it down even after its market debut.
The company has tried to address ESG concerns that have triggered regulatory investigations and fines in several countries, but many of those challenges remain and could weigh it down even after its market debut.
The company is set to debut on the Hong Kong stock exchange on Sept. 1 and is seeking to raise as much as $1.8 billion in its long-awaited IPO, according to a filing.
The company is set to debut on the Hong Kong stock exchange on Sept. 1 and is seeking to raise as much as $1.8 billion in its long-awaited IPO, according to a filing.
Shein has pushed back its market debut following a delay in taking investor orders for its Hong Kong IPO at a reduced valuation, the South China Morning Post reported.
Shein has pushed back its market debut following a delay in taking investor orders for its Hong Kong IPO at a reduced valuation, the South China Morning Post reported.
ADVERTISEMENT
As younger Chinese rethink romance and relationships, global luxury brands are adjusting their approach to Qixi — an ancient festival often compared to Valentine’s Day — with mixed success.
As younger Chinese rethink romance and relationships, global luxury brands are adjusting their approach to Qixi — an ancient festival often compared to Valentine’s Day — with mixed success.
The e-commerce giant has seen at least 20 warehouses attacked since mid-July as Kyiv steps up strikes inside Russia and Moscow intensifies its bombardment of Ukraine, more than four years into its full-scale invasion.
The e-commerce giant has seen at least 20 warehouses attacked since mid-July as Kyiv steps up strikes inside Russia and Moscow intensifies its bombardment of Ukraine, more than four years into its full-scale invasion.
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
The Omani fragrance house recorded another period of record growth as it continued to double-down on key geographies like the US and high-concentration perfumes.
The Omani fragrance house recorded another period of record growth as it continued to double-down on key geographies like the US and high-concentration perfumes.
The Swiss luxury group appointed Anton Rupert, 39, as non-executive co-deputy chairman in charge of creative and commercial direction, signaling a long-awaited succession plan for founder Johann Rupert is underway.
Inditex’s sales growth accelerated at the start of the third quarter as it continued to outpace rivals, but rising depreciation charges ate into profits.
A veteran at Fast Retailing, Kelly previously held the role of US chief financial officer at the brand.
The proposal urged more transparency about the company’s climate goals, including the disclosure of details on how the sportswear maker intends to achieve emissions-reduction targets.
Talks for a potential sale of Arthea, formerly known as PDC Brands, are at an early stage in a busy year for personal care mergers and acquisitions.
The boundary-pushing jewellery designer, known for the elaborate pieces he crafted for Alexander McQueen in the 90s, is building a bespoke high jewellery and objects label dubbed 12.
The landmark ruling allows the retailer to pay warehouse workers more than shop staff on the basis it costs more to recruit and retain them.
Private equity firm L Catterton is close to buying a controlling stake in Hyrox in a deal that may value the fitness competition brand at nearly $700 million, sources told Bloomberg.