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The Latest Breaking News from Shein

London set to lure big floats this year as stock market bounces back, says LSE boss

LSE “will not be sold to foreign group” insists CEO

Evening Standard · Feb 29, 2024

UK’s Jeremy Hunt met Shein boss in attempt to lure firm’s IPO to London

Chancellor in talks with fast-fashion company as it believes it unlikely that SEC will approve US flotation

The Guardian - UK · Feb 27, 2024

FTSE 100 Live 27 February: Index slightly higher, Shein mulls London IPO, Currys jumps on new bid report

Vodafone investors have been braced for a big cut in dividend income after the telecoms giant unveiled a new payout policy today.

Evening Standard · Feb 27, 2024

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Shein edges closer to London IPO amid US listing setbacks

Shein has edged closer to a London IPO as the fast-fashion firm faces setbacks to its plans to list in New York.

Evening Standard · Feb 27, 2024

Shein And Temu Are Dominating The Global Air Cargo Industry Despite Climate Crisis

China's e-commerce giants Shein and Temu account for almost 10,000 tonnes of garments being shipped overseas, despite fast-fashion and factory worker controversies.

International Business Times UK · Feb 23, 2024

France’s fast-fashion 'kill bill': Green move or penalty for the poor?

In a bid to combat the “fast-fashion” and “ultra-fast-fashion” brands that have taken France by storm, a young lawmaker from the conservative Les Républicains party has proposed slapping an extra €5 on every fast-fashion purchase in the name of the environment and the French textile industry. But criticism of the…

France 24 · Feb 22, 2024

1 killed at Chiefs parade shooting; Russia is developing a space-based nuclear device

A shooting at the Kansas City Chiefs Super Bowl parade killed one woman and injured at least 21 others, including children. Russia is developing a nuclear capability that could target satelites.

WEKU · Feb 15, 2024

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Temu promises cheap goods. Here's how the shopping app does it

Temu aggressively markets "hot deals," such as a hooded button-up fleece jacket for $8.32. But some U.S. officials accuse Temu of unfair and/or unethical practices.

WEKU · Feb 14, 2024

What is Temu? Everything you need to know

Everything you need to know about Temu's online marketplace and whether it's safe to buy from

Tom’s Guide · Feb 12, 2024

H&M CEO Resigns as Sales Drop, Stock Plunges

H&M's CEO unexpectedly resigns after drop in sales over the holiday season. Shares plunge as the fashion giant faces competition from Shein and Zara.

Shein Investors Offer Stock at 30% Discount in IPO

Investors of Shein are reportedly selling their stock at a 30% discount as the company prepares for its IPO, according to Bloomberg News. Learn more here.

Uniqlo sues Shein over ‘imitation’ banana-shaped ‘it’ bag

Petition demands online retailer stop immediate sale of bags and compensation for damages incurred

The Guardian - UK · Jan 17, 2024

Shein files for planned US IPO with Chinese regulator

2024 IPO outlook: The blockbuster is (mostly) dead

IPO discourse has always been messy and prone to extremes, but it’s time to rethink some of the language we’re using.

Fortune · Jan 10, 2024

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The Independent UK · Jan 9, 2024

Shopper accuses boutique of selling Shein swimsuit for $40

‘At least take the tags off and hide the evidence,’ customer says

The Guardian - UK · Jan 1, 2024

Monday briefing: Happy new year? Guardian writers look ahead to 2024 in politics, culture and more

In today’s newsletter: Recession warnings, more time on TikTok, even faster fashion. But never mind – film and TV are going to have a blockbuster year

The Guardian - UK · Dec 28, 2023

‘Textile zombie’ v fossil fashion: the battle to clean up the clothing industry in 2023

There was a huge rise this year in hyperfast fashion, with its huge carbon footprint and terrible waste. But from jeans grown in Lancashire to the popularising of repairs, it’s not all bad news

The Guardian - UK · Dec 19, 2023

TechScape: Has online shopping left us in a desperate race to the bottom?

Low-cost, low-quality ‘everything’ stores such as Temu, Shein and Amazon make buying stuff easier than ever – but it comes at a cost

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Fortune · Dec 15, 2023

IPO candidate Shein under fire by Temu—again—over alleged bullying, intimidating suppliers in new lawsuit

The lawsuit is the latest barrier to the fast fashion retailer as it seeks a public listing in the U.S.

The Guardian - US · Dec 14, 2023

Online retailer Temu sues rival Shein, alleging ‘mafia-style intimidation’

Chinese-owned e-commerce firm reignites acrimonious legal battle and alleges Shein ‘bullied and intimidated’ suppliers

Fortune · Dec 12, 2023

JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma

"We need to change, or there’s no way out for our company," JDD founder Richard Liu wrote in a post on the company's internal forum.

The Guardian - UK · Dec 11, 2023

Preaching sustainability while hawking fast fashion – meet the greenwashing influencers

For all their talk of capsule wardrobes, their business model relies on big brands and rapid trend cycles, says writer Sarah Manavis

Evening Standard · Dec 4, 2023

Fashion Power 100 revealed: the hottest industry style players ranked

From designer heavyweights to industry titans and trending ingenues, the Standard has ranked the style world’s most significant figures of 2023 from one to 100

International Business Times UK · Dec 1, 2023

Shein Applies For New York Listing Despite Forced Labour Allegations

Although the fast-fashion brand has been criticised for exploiting its factory workers, Shein has confidentially filed for an IPO in New York.

Fortune · Nov 29, 2023

A Shein IPO will likely be one of the most contentious debuts in recent memory

Shein has plenty of enemies in Washington, D.C.—and they may throw a wrench in the company’s plans to go public.

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