BRIEF: Shein makes confidential filing for Hong Kong IPO
Fast fashion sensation Shein was planning to confidentially file a draft prospectus for a listing on the Hong Kong Stock Exchange by this week, after its earlier bids to list…
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,…
INDUSTRY BRIEF: Temu and Shein slash U.S. ad spending, warn of price hikes
Chinese-linked e-commerce operators Shein and Temu are slashing their U.S. advertising spending and warning customers of imminent price hikes as the U.S. gets set to start collecting import tariffs on…
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…
What’s Ahead for China Inc. Under Trump 2.0?
By Doug Young & Rene Vanguestaine As Donald Trump returns to the White House, the landscape of US-China business and technological relations stands at a critical juncture. Having closely followed…