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Global Market: Shein shares slip after lacklustre Hong Kong debutShein shares fell over 3% after a weak Hong Kong debut, highlighting investor concerns over valuation, slowing growth and shrinking margins...
France targets Shein and Temu with fast fashion feesThe fees add to Shein's difficulties as the end of duty-free access for cheap ecommerce parcels in the European Union and the U.S. caused ...
Behind Shein’s empire is founder Sky Xu who prefers the shadowsShein's founder, Sky Xu, appeared briefly at the Hong Kong stock exchange debut. He maintained a reclusive persona, unlike other company le...
Global Market: China equities muted as Hong Kong stocks slide amid global risksChinese equities remained largely subdued on Tuesday, with defensive sectors cushioning losses in technology stocks. The Shanghai Composite...
Purple Style Labs IPO Day 2: GMP, subscription status, key details — Should you subscribe?Purple Style Labs IPO enters its second bidding day with subdued demand and a GMP of around 1%, down from 5%. The Rs 680-crore issue has se...
Global Market: Shein's weak listing draws analyst concerns over valuation and marginsShein shares fell 8% on their Hong Kong debut despite strong IPO demand, reflecting concerns over slowing growth, tariffs, trade restrictio...
Fast-fashion giant Shein plunges 10% on Hong Kong debutIn its inaugural trading day in Hong Kong, fast-fashion retailer Shein experienced a ten percent drop in stock prices. The company successf...
Best African proverb of the day: 'If you want to go fast, go alone; if you want to go...' Life lessons on the power of community, support and shared successAfrican proverb of the day: This proverb, ‘If you want to go fast, go alone; if you want to go far, go together’, highlights the importance...
Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetiteChina’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong a...
AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...
'Sonam, it's done bro': Salman Khan's hunger strike comment finally gets a reply from Sonam Wangchuk. 'Must have been compulsions'Sonam Wangchuk has finally responded to Salman Khan’s viral “Sonam, it’s done, bro” remark, which the actor made while urging him to end hi...
Dear creators, stop using these: 10 social media clichés that audiences are tired of seeingThe content cliché factory keeps rolling and has attained a whole new level of virality on social media. Pratishtha Bagai has a word of adv...
Global Market: Shein’s Hong Kong debut marks a major shift towards its Chinese rootsShein is set to debut in Hong Kong, marking a shift toward embracing its Chinese roots after failed US and UK listing efforts. Regulatory a...
Global Market | Shein set to raise $1.7 billion in Hong Kong IPO at $26.5 billion valuation: ReportsShein is expected to price its Hong Kong IPO near HK$48.56 per share, raising about $1.7 billion at a $26.5 billion valuation. The listing ...
California boy started sewing at age 4 and has dressed Sharon Stone: Meet Max Alexander, the 8-year-old who broke a Guinness World RecordCalifornia-born Max Alexander began sewing at four after asking his mother for a mannequin. By eight, he had created over 100 custom coutur...
Global Market: Shein valuation falls 70% from peak as Hong Kong IPO targets $1.77 billionShein launched its Hong Kong IPO at a valuation of up to $27 billion, around 70% below its 2022 peak, as slowing growth, rising costs and r...
Global Markets: Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPOShein is set to launch its Hong Kong IPO with an ambitious goal of raising up to $1.8 billion. However, the company's valuation has plummet...
Shein targets Hong Kong market debut on September 1, sources sayShein has set its Hong Kong initial public offering for September 1, a slight delay from earlier projections. The company's growth has slow...
Brands unwrap premium gifting packs on quick commerce for festive seasonBrands are launching festive, event-specific products on quick commerce platforms as shoppers increasingly turn to rapid delivery for gifti...
Shein eyes company valuation of around $25 billion in Hong Kong IPOSingapore-headquartered Shein, known for selling $5 dresses and $10 jeans to shoppers in about 160 countries, is aiming to launch its much-...