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SHEIN FINANCIALS
Shein reveals key financials ahead of Hong Kong IPOThe retailer won approval from the China Securities Regulatory Commission for its Hong Kong listing on July 10, clearing the way for a li...- Fast fashion is about to get caught up in HormuzAs with the toilet-paper frenzy at the start of the Covid-19 pandemic, and drivers pre-emptively filling their tanks on reports of the US-I...
- Shein's odyssey to listing crosses New York, London and likely finds home in Hong KongShein secured Hong Kong stock exchange approval for its long-awaited initial public offering. The company is expected to publicly file its ...
- Reliance Retail Q1 revenue rises, but profit falls as e-commerce weighsReliance Retail's Q1 revenue rose 8.2% despite the FMCG demerger, while net profit fell 14.2% as e-commerce investments pressured margins. ...
- Global Markets: Chinese fast fashion retailer Shein finally wins approval for Hong Kong IPOFast-fashion titan Shein has gained approval for its Hong Kong IPO after previous attempts were blocked. Although the company has faced str...
- Shein, hit with big fines, boosts internal controlsShein is strengthening its controls after a string of fines over data privacy breaches, fake discounts and greenwashing. Executive chairman...
- China fashion retailer Shein to file confidentially for Hong Kong IPO in rare move, sources sayShein aims to submit the filing confidentially as soon as this week, one of the sources said. A second source said the filing was expected ...
- Shein weighs US restructuring as tariff risks cloud London IPO: ReportThe US business, which generates roughly one-third of Shein's $38 billion annual revenue, is expected to face significant pressure as a tax...
- Shein's annual profit down by more than a third: reportShein's sales for the full year rose by 19% to $38 billion, the report said, adding that the figures were from internal projections ahead o...
- Too close to China? All about Kash Patel's controversial Shein deal and why it's making waves in WashingtonKash Patel, Donald Trump’s pick for FBI director, has spent years criticising Elon Musk, accusing him of monopolistic control and profiting...
- Shein's IPO to be delayed to second-half after US 'de minimis' repealShein was aiming to go public in London in the first-half of this year, assuming it secured approvals from regulators in the UK and China, ...
- Ambani's Reliance brings Shein back to India after 2020 app banReliance Retail has launched an app in India to sell fashionwear under the Shein brand, reviving the Chinese brand's presence after its 202...
- Shein pledges to invest in UK and Europe ahead of potential IPOFast fashion retailer Shein said it would invest 250 million euros ($271 million) over five years in the UK and Europe as the company battl...
- Once rebuffed, a Chinese company finds the Ambani route to IndiaIt seems a safe India entry for Shein because this time the ownership and control of the platform will remain with Reliance Retail's subsid...
- Reliance's app, stores may soon sport SheinReliance Retail Ventures is gearing up to launch Chinese fast-fashion label Shein in India, a year after forming a strategic partnership wi...
- Fast fashion retailer Shein filed for London listing in early June, say sourcesThe Chinese-founded company, which was valued at $66 billion in a fundraising round last year, had started engaging with its financial and ...
- Shein and Forever 21 team up in hopes of expanding reach of both fast-fashion retailersUnder a partnership agreement announced Thursday, the Chinese-founded Shein will acquire about one-third interest in Sparc Group, Forever 2...
- Reliance Retail is set to bring Chinese fashion giant Shein to IndiaThe Centre had banned Shein, one of the world’s largest fashion retailers, from selling its products in India through its own app over two ...
- Reliance set to bring back Shein to IndiaShein, which created a niche for new styles and accessible price points, was banned by the Home Ministry in year 2020 as part of India’s cr...
- Chinese fast fashion giant Shein denies low prices due to forced labourChinese fashion company Shein attributes its low prices to demand-based production and not cheap labour, said Peter Pernot-Day, the firm's ...
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