Far from fast: Shein’s overseas odyssey hits fresh obstacles
The fashion retailer’s IPO ambitions are facing political pushback in Britain, while the proposed closure of a U.S. tax loophole could hurt the company’s commercial fortunes Key Takeaways: A politician…
PODCAST: Tax on Temu, and EVs Outpower Gas Cars
The US closes a loophole that allowed Temu and Shein to import goods duty-free. How will this impact their sales? And sales of Chinese EVs passed gas-powered cars for a second straight month in August. Has the EV era finally arrived?
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…
Xiaohongshu’s new funding: Return to old times or end of a chapter?
The social e-commerce company, whose name means ‘Little Red Book,’ scored a relative rarity by attracting Western big-name DST in its latest funding round Key Takeaways: Xiaohongshu was valued at…
PODCAST: A Shunned Shein, and Haidilao’s Global Expansion
After getting rejected in the U.S. and hitting headwinds in London, fast fashion sensation Shein may be taking its mega-IPO to Hong Kong. But will investors buy into its profitable but controversial story? And hotpot chain Haidilao steps up its global expansion with spinoffs and separate listings for its Super Hi brand. Will this become China's first overseas restaurant success story?
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…
CHINA BULLETIN: Bank Loan Growth Hits Record Low
In this week’s issue bank lending sags, the holiday box office roars, and Huawei gets an unwanted call in France. On a scale of 1 to 100, we give the…
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