Unlock the Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Online fast-fashion group Shein has an alternative plan to list in Hong Kong as its ambition to hold an IPO in London faces increasing criticism in the UK and China. Singapore-headquartered Shein is keeping open … Read more
London Tunnels, which aims to transform an abandoned underground network into a tourist attraction, has abandoned plans to set up operations in the capital and has instead opted for a stock exchange listing in Amsterdam. The company wants to turn the Kingsway interchange tunnels, an 8,000 square meter network under Holborn in central London, into … Read more
Bankers were convinced that Golden Goose, maker of the $500 distressed-look sneakers favored by Taylor Swift, was ready to become a publicly traded company. After more than ten months of preparation, the Italian shoe brand wanted to raise around €600 million on Friday through a stock exchange listing in Milan. It reported strong sales for … Read more
LONDON — British fintech company Zilch said Wednesday it has raised $125 million in debt financing from German banking giant Deutsche Bank in a deal that will help the company triple revenue in coming years and move closer to an initial public offering. The company, which offers shoppers the ability to purchase items and pay … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The writer is a former financial research analyst at Credit Suisse and head of corporate strategy at Nex Group Billionaire Bill Ackman’s plan to take his company Pershing Square public next year is a rare … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. British fund managers have warned that investors “will struggle to back the potential blockbuster IPO of fashion company Shein in London due to concerns over the alleged treatment of employees. The online fashion group, which … Read more
The former chancellor is among those being probed by Shein as it progresses plans for a more than £50 billion London stock market listing, Sky News has learned. By means of Mark Kleinman, city editor @MarkKleinmanSky Monday May 20, 2024 12:44 PM, UK Sajid Javid, the former Chancellor of the Exchequer, has been approached for … Read more