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Retail

Opinion: Shein’s IPO Has Only One Winner

Shein spent years trying to distance itself from China, only to discover that the supply chain underpinning its success was the one thing it couldn’t leave behind. That very ecosystem now appears to be the main beneficiary of a long, tortuous listing writes Bloomberg’s Juliana Liu.

Retail

Opinion: Shein’s IPO Has Only One Winner

Shein spent years trying to distance itself from China, only to discover that the supply chain underpinning its success was the one thing it couldn’t leave behind. That very ecosystem now appears to be the main beneficiary of a long, tortuous listing writes Bloomberg’s Juliana Liu.

Retail

Why Vince and Authentic Brands Group Bought a Stake in Drake’s OVO

The contemporary label is betting it can use its back-end logistics and wholesale relationships to accelerate Drake’s 15-year-old streetwear label while initiating a broader multi-brand platform for Vince.

Retail

Why Vince and Authentic Brands Group Bought a Stake in Drake’s OVO

The contemporary label is betting it can use its back-end logistics and wholesale relationships to accelerate Drake’s 15-year-old streetwear label while initiating a broader multi-brand platform for Vince.

Retail

Shein’s IPO Won’t Mask Its Sustainability Challenges

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.

Retail

Shein’s IPO Won’t Mask Its Sustainability Challenges

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.

Retail

Shein’s Purchase of Everlane Faces US National Security Review

A review by an interagency panel led by the US Treasury Department began after the $80 million transaction was completed in May, according to the people familiar with the matter.

Retail

Shein’s Purchase of Everlane Faces US National Security Review

A review by an interagency panel led by the US Treasury Department began after the $80 million transaction was completed in May, according to the people familiar with the matter.

Retail

Shein Sets IPO Date, Targets Up to $27 Billion Valuation

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.

Retail

Shein Sets IPO Date, Targets Up to $27 Billion Valuation

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.

Retail

Frasers Group’s Mike Ashley Tightens Hold on Hugo Boss

The group increased its stake in the luxury brand to 48 percent, less than a week after its acquisition of department store chain Harvey Nichols.

Retail

Frasers Group’s Mike Ashley Tightens Hold on Hugo Boss

The group increased its stake in the luxury brand to 48 percent, less than a week after its acquisition of department store chain Harvey Nichols.

Beauty

A Preview of Estée Lauder’s Summer Report Card

This week, the American company will report its earnings after a quarter that saw an abandoned merger, scrapped brand divestments and executive reshuffling. How will the market react?

Beauty

A Preview of Estée Lauder’s Summer Report Card

This week, the American company will report its earnings after a quarter that saw an abandoned merger, scrapped brand divestments and executive reshuffling. How will the market react?

Retail

Samsonite Buys Stake in Béis for $178.5 Million

Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.

Retail

Samsonite Buys Stake in Béis for $178.5 Million

Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.

Retail

Harvey Nichols Acquired by Frasers Group in Pre-Pack Administration Deal

Mike Ashley’s Frasers Group has bought the upmarket department store chain out of administration after it warned it could run out of money without new funding.

Retail

Harvey Nichols Acquired by Frasers Group in Pre-Pack Administration Deal

Mike Ashley’s Frasers Group has bought the upmarket department store chain out of administration after it warned it could run out of money without new funding.

Beauty

Vyrao Finalising Sale

The premium perfume line, created by former fashion executive Yasmin Sewell, is closing in on a new owner.

Beauty

Vyrao Finalising Sale

The premium perfume line, created by former fashion executive Yasmin Sewell, is closing in on a new owner.

Beauty

LVMH Sells Patou Back to Cosmetics Magnate Dilesh Mehta

The historic French perfume name, which had been relaunched by LVMH in 2019 as a fashion label geared to younger shoppers, has been acquired by the Mehta family, already shareholders since 2011.

Beauty

LVMH Sells Patou Back to Cosmetics Magnate Dilesh Mehta

The historic French perfume name, which had been relaunched by LVMH in 2019 as a fashion label geared to younger shoppers, has been acquired by the Mehta family, already shareholders since 2011.

Beauty

An Elemis Sale Update

The prestige skin and spa brand, which is close to finding a buyer, aims to more than double its sales in the next five years, according to documents viewed by The Business of Beauty.

Beauty

An Elemis Sale Update

The prestige skin and spa brand, which is close to finding a buyer, aims to more than double its sales in the next five years, according to documents viewed by The Business of Beauty.

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