BRIEF: Shein profit tumbles 40% as competition heats up
Fast fashion e-commerce company Shein’s sales rose 19% last year to $38 billion, but its profit tumbled nearly 40% to $1 billion amid stiff competition, the Financial Times reported on…
Shein loses its shine on bumpy path to London listing
The fast fashion giant’s lack of transparency about its cotton sourcing could hurt its valuation in the long and turbulent journey to its IPO Key Takeaways: Shein’s reported plan to…
Giordano exposed by China overreliance
The clothing retailer warned that its net profit fell by up to 47% in the first half of this year amid slumping sales in its key Greater China markets Key…
Is shunned Shein the future for blockbuster China IPOs?
The fast fashion sensation’s plan for a London listing may be coming unglued, after it abandoned a New York IPO plan for similar politically motivated reasons Key Takeaways: Shein may…
How Chinese companies can learn from Shein in managing U.S.-China tensions – Part 1
The fast fashion sensation could offer some lessons on ringfencing its competitive advantages to steer clear of geopolitics This is the first part in a two-part series. To read the…
Fast Fashion Sensation Shein Sizes Up U.S. Listing Despite Slowing Sales
The online clothing seller, which cranks out new fashions in as little as seven days, could see its valuation shrink by about a third to $64 billion in its latest…
Baozun Emerges from E-Commerce Shadows with Gap China Purchase
The provider of e-commerce tools with close ties to Alibaba hopes its acquisition of the U.S. retailing giant’s China operations can revive its stalling growthKey Takeaways:Baozun’s newly purchased Gap Greater…
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