Stock Market Today: Stocks Struggle for Direction After Mixed Fed Messages E-commerce platform PDD Holdings jumped after earnings, while rival Shein reportedly filed confidential IPO paperwork. Kiplinger · Nov 28, 2023
Shein IPO Is In the Works: What You Need to Know Fast-fashion retailer Shein is reportedly preparing to go public, but its IPO is facing several hurdles. Kiplinger · Nov 28, 2023
Shein Files For IPO In US; Share Sale Expected In 2024: Reports One of the key issues is the valuation of the Chinese fashion retailer, CNBC reported. International Business Times · Nov 28, 2023
Tesla battles against Swedish labour market model Amid an ongoing strike by its mechanics in Sweden over a refusal to sign a collective wage agreement, Tesla has also filed a lawsuit against the country's postal workers. They have blocked deliveries of licence plates for its new cars, in solidarity with workers at the electric vehicle maker. Also… France 24 · Nov 28, 2023
Chinese fashion giant Shein has filed paperwork to float on US stock market – reports Company last month hoped for a valuation of $80-$90bn, according to reports, making it the largest initial public offering (IPO) in years The Guardian - AU · Nov 28, 2023
‘We are creating a material monster’: the false logic of faux leather As more people seek out vegan clothing alternatives, pleather can seem like an ethical option. But these pieces, often made from fossil-fuel based plastics, can have a major environmental impact The Guardian - UK · Nov 22, 2023
Alice McCall’s New Collaboration With Shein Is Proving As Controversial As You’d Expect Australian fashion designer Alice McCall has announced that she’s returning to fashion via a collaboration with Shein. Here’s why her announcement was a ticket on the Hot Mess Express. If you are currently thriving in the digital age you would already be familiar with fast-fashion conglomerate Shein. It’s one of… Pedestrian.tv · Nov 13, 2023
Asos has gone from being an iconic comfort brand to a fast-fashion also-ran. What happened? Asos has an identity crisis – and, with post-pandemic inflation, its product and business model have become unsustainable, says freelance writer Sophie Benson The Guardian - UK · Nov 1, 2023
Fast fashion retailer ASOS struggles to engage customers as losses balloon One expert told The Independent that its free returns model makes the company susceptible to economic instability The Independent UK · Nov 1, 2023
Shein is the fast fashion juggernaut that’s only getting bigger – its rise should concern us all The Chinese-founded retailer sells entire outfits for less than £10 and has for years infuriated climate campaigners. Now its continued global expansion – which includes its new acquisition of the Missguided brand – looks set to cripple any progress already made to combat fast fashion, writes Olivia Petter The Independent UK · Oct 31, 2023
Shanghai Composite Index Fell 0.09% on Tuesday Shenzhen Component Index closed down 0.65% Caixin Global · Oct 31, 2023
Pinduoduo founder Colin Huang surges past Alibaba's Jack Ma to become China's third-richest person Huang rose seven places on Hurun's annual list of China's wealthiest people, thanks to surging business at both Pinduoduo and Temu. Fortune · Oct 25, 2023
Teresa Giudice and daughters receive backlash for their partnership with Shein Fast fashion retailer has previously faced accusations of copyright infringement and poor treatment of workers The Independent UK · Oct 10, 2023
Addictive, absurdly cheap and controversial: the rise of China’s Temu app Temu’s meteoric growth – and its astronomical marketing budget – has experts asking whether its business model is sustainable The Guardian - AU · Oct 6, 2023
The Guardian - UK · Oct 3, 2023 Boohoo fails to lure shoppers with discounts as rival Shein takes a bite Fast fashion retailer expects annual sales to fall by between 12% and 17% as buyers return to high street
Fortune · Sep 28, 2023 The congressman investigating four VC firms with ties to China has a message: This is just the beginning In an interview with Term Sheet, Representative Mike Gallagher said that these letters to venture capital firms were just the beginning of the Committee’s investigation.
The Independent UK · Sep 25, 2023 Walmart's head of fashion Denise Incandela talks about changing discounter's staid image in fashion Walmart, the nation’s largest retailer, has been long known for its basic socks, T-shirts and pull-on pants
Fortune · Sep 14, 2023 TikTok's plans to conquer the U.S. shopping market gets mixed reviews TikTok's newly launched Shop platform hopes to eat into Amazon's retail business as easily as it did with Facebook's social media. But a plethora of cheap wares and worries about data could hamper its chances.
The Guardian - UK · Sep 11, 2023 First Thing: Foreign aid teams join search for quake survivors in Morocco At least 2,122 people have been killed in the country’s deadliest quake since 1960. Plus, Phoenix breaks its record for number of days above 110F
The Guardian - US · Sep 11, 2023 ‘Shein is targeting colleges’: the student battling fast fashion’s ‘hypocritical’ scholarships Lexy Silverstein, a student at Los Angeles’s FIDM, takes a stand against fast-fashion brand ‘greenwashing’ with partnership
Fortune · Aug 24, 2023 Shein and Forever 21 are combining forces to expand their reach—the deal is a win for fast fashion, but a loss for the environment The fashion industry contributes up to 8% of global carbon emissions and 20% of water waste, according to the UN.
The Independent UK · Aug 24, 2023 Shein and Forever 21 team up in hopes of expanding reach of both fast-fashion retailers Fast fashion retailers Shein and Forever 21 are going into business together
The Independent UK · Jul 26, 2023 H&M sues fast fashion retailer Shein for copying its designs H&M has accused the fast fashion retailer of copying its designs in new lawsuit
The Independent UK · Jul 25, 2023 H&M sues fast fashion retailer Shein for copyright infringement H&M has accused the fast fashion retailer of copying its designs in new lawsuit
The Hindu · Jul 21, 2023 Explained | What is the lawsuit against Chinese fast-fashion company Shein? Chinese fast-fashion company Shein is being sued in the U.S for copyright violations and under the Racketeer Influenced and Corrupt Organisations Act. We explore the case and why Shein is in hot water.