Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.
legal
News & Analysis
Jimmy Choo Co-Founder Sues Shoe Company Alleging Boycott
Jimmy Choo was sued by the co-founder of its eponymous shoe line who alleged the company launched a campaign to punish her as she prepared to start a new venture.
Jimmy Choo Co-Founder Sues Shoe Company Alleging Boycott
Jimmy Choo was sued by the co-founder of its eponymous shoe line who alleged the company launched a campaign to punish her as she prepared to start a new venture.
News & Analysis
French Leader Argues Against Burkini-Style Bans
French president Francois Hollande is suggesting that he would oppose a national law banning burkini swimsuits, an idea championed by some conservative rivals.
French Leader Argues Against Burkini-Style Bans
French president Francois Hollande is suggesting that he would oppose a national law banning burkini swimsuits, an idea championed by some conservative rivals.
News & Analysis
Burkini Ban in French Beach Town Reversed by Supreme Court
France’s top court struck down a push by local governments to ban the 'burkini' from the nation’s beaches, saying the Muslim-style full-body swimming outfits do not create a public threat that justifies impinging on freedom of religion.
Burkini Ban in French Beach Town Reversed by Supreme Court
France’s top court struck down a push by local governments to ban the 'burkini' from the nation’s beaches, saying the Muslim-style full-body swimming outfits do not create a public threat that justifies impinging on freedom of religion.
News & Analysis
American Apparel Hires Investment Bank to Explore Sale, Say Sources
American Apparel has hired investment bank Houlihan Lokey to explore a sale, people familiar with the matter said.
American Apparel Hires Investment Bank to Explore Sale, Say Sources
American Apparel has hired investment bank Houlihan Lokey to explore a sale, people familiar with the matter said.
News & Analysis
Doing Business in Brazil? Team USA Learned the Hard Way
The Team USA Olympic store in Rio’s ritzy Ipanema was planned to turn Team USA into a year-round retailer, though in a country with a business culture that can leave even seasoned entrepreneurs fuming, the venture never gained traction.
Doing Business in Brazil? Team USA Learned the Hard Way
The Team USA Olympic store in Rio’s ritzy Ipanema was planned to turn Team USA into a year-round retailer, though in a country with a business culture that can leave even seasoned entrepreneurs fuming, the venture never gained traction.
News & Analysis
Cannes Bans Full-Body 'Burkini' Swimsuits From Beaches
The French resort has banned full-body, head-covering swimsuits worn by some Muslim women from its beaches, citing security concerns.
Cannes Bans Full-Body 'Burkini' Swimsuits From Beaches
The French resort has banned full-body, head-covering swimsuits worn by some Muslim women from its beaches, citing security concerns.
News & Analysis
Amazon’s Japan Office Searched by Competition Agency
Amazon’s office in Japan was searched by Japan’s Fair Trade Commission over its dealings with merchants who sell goods on its online web store, a person with knowledge of the matter said.
Amazon’s Japan Office Searched by Competition Agency
Amazon’s office in Japan was searched by Japan’s Fair Trade Commission over its dealings with merchants who sell goods on its online web store, a person with knowledge of the matter said.
News & Analysis
Judge Dismisses Part of Alibaba Counterfeits Lawsuit
A US judge has dismissed part of a lawsuit filed last year by Gucci, Yves Saint Laurent and other luxury brands accusing Alibaba of promoting the sale of counterfeit goods.
Judge Dismisses Part of Alibaba Counterfeits Lawsuit
A US judge has dismissed part of a lawsuit filed last year by Gucci, Yves Saint Laurent and other luxury brands accusing Alibaba of promoting the sale of counterfeit goods.
News & Analysis
Wang, Ghesquière and More Support Apple in Patent War
Top fashion designers have signed an amicus brief asking the Supreme Court of the United States to reject Samsung’s appeal in its legal battle with Apple over design patents.
Wang, Ghesquière and More Support Apple in Patent War
Top fashion designers have signed an amicus brief asking the Supreme Court of the United States to reject Samsung’s appeal in its legal battle with Apple over design patents.
Retail
Aéropostale’s Sycamore Rift Goes to Trial as Vote Proceeds
A judge said that teen clothing chain Aeropostale can ask creditors to vote on its reorganisation plan while also gearing up for a trial over whether a key creditor drove the company into bankruptcy to snap it up on the cheap.
Aéropostale’s Sycamore Rift Goes to Trial as Vote Proceeds
A judge said that teen clothing chain Aeropostale can ask creditors to vote on its reorganisation plan while also gearing up for a trial over whether a key creditor drove the company into bankruptcy to snap it up on the cheap.
News & Analysis
Adidas Sues Skechers, Claiming 'Springblade' Shoe Knockoff
Adidas escalated its legal battle against Skechers over athletic sneaker designs, filing a lawsuit accusing Skechers of stealing its "Springblade" concept for its similar "Mega Flex" shoe.
Adidas Sues Skechers, Claiming 'Springblade' Shoe Knockoff
Adidas escalated its legal battle against Skechers over athletic sneaker designs, filing a lawsuit accusing Skechers of stealing its "Springblade" concept for its similar "Mega Flex" shoe.
News & Analysis
Aquazzura Claims Ivanka Trump Knocked Off Its Design
Ivanka Trump is being sued by Aquazzura that claims the fashion line carrying her name is selling a knockoff of one of its designs.
Aquazzura Claims Ivanka Trump Knocked Off Its Design
Ivanka Trump is being sued by Aquazzura that claims the fashion line carrying her name is selling a knockoff of one of its designs.
The News in Brief
Zalando Narrows Profit Outlook, Sees Growth at Lower End of Range
The online fashion retailer said 2026 revenue and growth will land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook.
Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.
GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.