Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
ipo
Technology
On Road to Autumn IPO, Farfetch Inks Middle East Deal
The fashion ‘unicorn’ has entered into a joint venture with Chalhoub Group ahead of a $5 billion IPO that is set for September 2018, according to sources close to the deal.
On Road to Autumn IPO, Farfetch Inks Middle East Deal
The fashion ‘unicorn’ has entered into a joint venture with Chalhoub Group ahead of a $5 billion IPO that is set for September 2018, according to sources close to the deal.
Financial Markets
Versace In 'No Rush' to List on Stock Market
The Italian fashion house has been considering a listing after US private equity Blackstone bought a 20 percent stake in 2014 to fund its overseas expansion.
Versace In 'No Rush' to List on Stock Market
The Italian fashion house has been considering a listing after US private equity Blackstone bought a 20 percent stake in 2014 to fund its overseas expansion.
Financial Markets
Report: Valentino to List 25 Percent of Company
The Italian fashion house's Qatari owner plans to sell around a quarter of the company in an IPO, which will not take place before the second half of 2018, according to a source close to the matter.
Report: Valentino to List 25 Percent of Company
The Italian fashion house's Qatari owner plans to sell around a quarter of the company in an IPO, which will not take place before the second half of 2018, according to a source close to the matter.
Financial Markets
BoF Exclusive | Stitch Fix Founder on How to Get to IPO
As the personal styling service debuts on the NASDAQ stock exchange today, Stitch Fix chief executive Katrina Lake shares the secrets to the company’s success.
BoF Exclusive | Stitch Fix Founder on How to Get to IPO
As the personal styling service debuts on the NASDAQ stock exchange today, Stitch Fix chief executive Katrina Lake shares the secrets to the company’s success.
Financial Markets
With $2 Billion IPO Under Belt, SMCP Plots China Growth
As SMCP goes public, BoF speaks to the company's co-founders and chief executive about the affordable luxury giant's trajectory and future ambitions.
With $2 Billion IPO Under Belt, SMCP Plots China Growth
As SMCP goes public, BoF speaks to the company's co-founders and chief executive about the affordable luxury giant's trajectory and future ambitions.
Financial Markets
Victoria's Secret Owner to Invest in Crystal International's $574 Million IPO
Victoria's Secret parent company L Brands Inc. committed to buy $10 million of the supplier's stock in the offering, while Uniqlo-owner Fast Retailing has agreed to buy $20 million of stock.
Victoria's Secret Owner to Invest in Crystal International's $574 Million IPO
Victoria's Secret parent company L Brands Inc. committed to buy $10 million of the supplier's stock in the offering, while Uniqlo-owner Fast Retailing has agreed to buy $20 million of stock.
Financial Markets
SMCP Could be Worth $2.4 Billion
The group, which owns the Sandro, Maje and Claudie Pierlot brands, is planning an IPO in Paris.
SMCP Could be Worth $2.4 Billion
The group, which owns the Sandro, Maje and Claudie Pierlot brands, is planning an IPO in Paris.
Financial Markets
Report: SMCP to File for IPO With a Valuation of up to $2.4 Billion
The French company behind fashion brands Sandro, Maje and Claudie Pierlot, which is controlled by China's Shandong Ruyi, is expected to list in Paris this autumn.
Report: SMCP to File for IPO With a Valuation of up to $2.4 Billion
The French company behind fashion brands Sandro, Maje and Claudie Pierlot, which is controlled by China's Shandong Ruyi, is expected to list in Paris this autumn.
Marketing
News Bites | Calvin Klein's New Campaign, Is Farfetch Edging Closer to IPO?
In today's News Bites, Raf Simons gets meta with his new Calvin Klein campaign, while sources say Farfetch could go public within the next six months.
News Bites | Calvin Klein's New Campaign, Is Farfetch Edging Closer to IPO?
In today's News Bites, Raf Simons gets meta with his new Calvin Klein campaign, while sources say Farfetch could go public within the next six months.
News & Analysis
Stitch Fix Has Hired a New CFO. An IPO Probably Comes Next.
"Stitch Fix has hired a new chief financial officer who many industry insiders believe will soon guide the company to an IPO."
Stitch Fix Has Hired a New CFO. An IPO Probably Comes Next.
"Stitch Fix has hired a new chief financial officer who many industry insiders believe will soon guide the company to an IPO."
Financial Markets
Singapore's Reebonz Seeks to Raise Up to $150 Million
Southeast Asia’s largest online luxury retailer is planning to raise as much as $150 million to bolster its marketplace business and fund expansion in China, Japan and South Korea.
Singapore's Reebonz Seeks to Raise Up to $150 Million
Southeast Asia’s largest online luxury retailer is planning to raise as much as $150 million to bolster its marketplace business and fund expansion in China, Japan and South Korea.
Financial Markets
Is Farfetch Edging Towards a $5 Billion IPO?
According to reports, the company is in the process of appointing bankers for a New York listing that could value the company at up to $5 billion.
Is Farfetch Edging Towards a $5 Billion IPO?
According to reports, the company is in the process of appointing bankers for a New York listing that could value the company at up to $5 billion.
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.