Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
retail / Fast Fashion
Retail
Did Shein Pass Its IPO Test?
The ultra-fast fashion retailer closed its first day of trading flat as investors weigh slowing growth and mounting challenges to its business model.
Did Shein Pass Its IPO Test?
The ultra-fast fashion retailer closed its first day of trading flat as investors weigh slowing growth and mounting challenges to its business model.
Retail
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?
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?
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.
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
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.
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.
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Retail
Shein’s Slowing Growth Tests Investor Appetite Ahead of Hong Kong IPO
The ultra-fast-fashion giant continues to field questions over its slowing growth and rising costs, even after trimming its expected IPO valuation by over $50 billion.
Shein’s Slowing Growth Tests Investor Appetite Ahead of Hong Kong IPO
The ultra-fast-fashion giant continues to field questions over its slowing growth and rising costs, even after trimming its expected IPO valuation by over $50 billion.
Retail
Shein Will Struggle to Justify Up to $50 Billion Hong Kong IPO Valuation
The ultra-fast-fashion giant’s valuation has fallen from $98.2 billion following a fundraising round in 2022 to $64 billion after another funding round in 2024.
Shein Will Struggle to Justify Up to $50 Billion Hong Kong IPO Valuation
The ultra-fast-fashion giant’s valuation has fallen from $98.2 billion following a fundraising round in 2022 to $64 billion after another funding round in 2024.
Retail
Opinion: Francesco Risso Can Make GU the Anti-Shein
To become a meaningful fast-fashion challenger, Fast Retailing CEO Tadashi Yanai must expand GU aggressively while preserving the brand’s quality, writes Bloomberg’s Juliana Liu.
Opinion: Francesco Risso Can Make GU the Anti-Shein
To become a meaningful fast-fashion challenger, Fast Retailing CEO Tadashi Yanai must expand GU aggressively while preserving the brand’s quality, writes Bloomberg’s Juliana Liu.
Retail
Why Shein Is Worth Far Less Than Before
This week, Shein received approval for a long-awaited IPO targeting a valuation of around $40 billion, a steep markdown from its peak valuation of $100 billion in 2022 due to slowing growth, regulatory hurdles and a weak consumer environment.
Why Shein Is Worth Far Less Than Before
This week, Shein received approval for a long-awaited IPO targeting a valuation of around $40 billion, a steep markdown from its peak valuation of $100 billion in 2022 due to slowing growth, regulatory hurdles and a weak consumer environment.
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Retail
Shein IPO Faces Lower Valuation as E-Commerce Crackdown Starts to Bite
Shein's ambitions for a valuation of up to $50 billion face a tough test from investors as new fees in Europe on e-commerce imports threaten to dent its growth.
Shein IPO Faces Lower Valuation as E-Commerce Crackdown Starts to Bite
Shein's ambitions for a valuation of up to $50 billion face a tough test from investors as new fees in Europe on e-commerce imports threaten to dent its growth.
Retail
The Shein Challenger That’s Winning Over Gen Z
E-tailer Cider is generating mid-nine figures in annual sales without attracting the same sort of public ire as competitors. Next up? Translating online success to brick and mortar.
The Shein Challenger That’s Winning Over Gen Z
E-tailer Cider is generating mid-nine figures in annual sales without attracting the same sort of public ire as competitors. Next up? Translating online success to brick and mortar.
Retail
Zara’s Elevation Push Lands in London
The Spanish fast-fashion giant’s newly renovated, tech-enabled Bond Street flagship reflects its steady effort to elevate its image as it works to set itself apart from lower-priced rivals.
Zara’s Elevation Push Lands in London
The Spanish fast-fashion giant’s newly renovated, tech-enabled Bond Street flagship reflects its steady effort to elevate its image as it works to set itself apart from lower-priced rivals.
Retail
Once Sweden’s Top Company, H&M’s Struggling to Sell Its Rebound Story
From its 2015 peak, the fast-fashion brand has lost roughly half its market value, erasing tens of billions of dollars in equity.
Once Sweden’s Top Company, H&M’s Struggling to Sell Its Rebound Story
From its 2015 peak, the fast-fashion brand has lost roughly half its market value, erasing tens of billions of dollars in equity.
The News in Brief
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
EssilorLuxottica Gets Rare Sell Call Amid Stock Slump, AI Glasses Concerns
Shares in the eyewear giant, one of Europe's best-rated blue chips, have dropped 55 percent since November, while concerns are mounting over slowing growth and privacy issues for its AI glasses with Meta.
Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.