Shein’s Hong Kong IPO cleared by China’s securities regulator
China’s securities regulator has registered the Hong Kong IPO plan from Shein Global Holdings Ltd., clearing a key regulatory hurdle for the fast-fashion company to list. The China Securities Regulatory…
BRIEF: Shein to acquire U.S. peer Everlane for $100 million
Online fast fashion retailer Shein has agreed to buy U.S. peer Everlane from private equity firm L Catterton in a deal worth about $100 million, according to a report in…
BRIEF: Shein considers move back to China to smooth way for Hong Kong listing
After experiencing setbacks in its U.S. and U.K. listing plans, fast-fashion e-commerce platform Shein is reportedly considering moving its headquarters from Singapore back to China in a bid to secure…
BRIEF: Shein abandons London listing plan, heads to Hong Kong
Online fast fashion retailer Shein has abandoned plans for a London IPO after failing to get approval from China’s securities regulator, Reuters reported on Wednesday, citing sources familiar with the…
BRIEF: Shein hikes U.S. prices as much as 377%
Fast-fashion giant Shein has sharply increased its prices in the U.S., with the cost for some items surging by as much as 377%, ahead of new tariffs on small parcels,…
BRIEF: Shein London IPO approved by British financial regulator
Britian’s financial regulator has approved a London Stock Exchange listing by Shein, bringing the online fast fashion retailer one step closer to its long-awaited goal of becoming a publicly listed…
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…
