Shein retains option for Hong Kong IPO as backup plan

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

FCA urged to block Shein London’s listing over forced labor concerns

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A UK human rights organization has launched a legal campaign to prevent online fast-fashion group Shein from successfully listing on the London Stock Exchange. Stop Uyghur Genocide, which alleges minority Uyghur groups are being used … Read more

Shein moves closer to listing on the London Stock Exchange – BBC News

Image source, Getty Images Image caption, Shein uses influencers, models and reality TV stars, such as Love Islander Cally Jane Beech, to promote the brand Item information Author, Olivier Smith Role, Business reporter, BBC News 1 hour ago Chinese fast-fashion company Shein has filed the first papers, bringing it one step closer to a listing … Read more

Labor is resisting calls to close the loophole in UK tax law used by Shein

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The Labor leadership is resisting calls to close a tax loophole used by Shein as the party looks to encourage the controversial Chinese-founded fast fashion company to operate in London. Tax campaigners and some retailers … Read more

Shein is chasing new revenue streams as it prepares to list on the London Stock Exchange

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Shein has invested in its logistics infrastructure and is looking for new revenue streams as its core fast fashion business matures ahead of a planned London stock exchange listing. The Chinese-founded startup popular with Gen … Read more

Shein tries to suppress Chair’s claim that fashion retailer is “American.”

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Online fast-fashion retailer Shein is trying to hide comments from its chairman claiming it is essentially an ‘American company’ as the group’s attempts to distance itself from its Chinese roots threaten to block approval for … Read more

Shein: The Rise and Rise of a Fashion Giant – BBC News

Image source, Getty Images Item information Author, Daniel Thomas, Lora Jones and Lucy Hooker Role, Business reporters, BBC News 4 hours ago The largest order 17-year-old Michaela ever made from Shein was £150, when she bought “16 plus items”. Like millions of others, she’s a big fan of the ultra-fast fashion giant, especially because of … Read more

Fund managers have given a cool reception to Shein London’s IPO

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

Why fast fashion giant Shein sees potential stock market gains in London

Chinese fast-fashion giant Shein appears to be moving to London instead of New York for its planned stock exchange listing. On the face of it, this would be a huge boost for London, especially given last year’s search for its attractiveness following a string of major British and Irish companies. moved their main stock exchange … Read more

Online fashion giant Shein approaches Sajid Javid ahead of blockbuster IPO

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