The Chinese retailer posted a profit of more than £1.6 billion in 2023, up from £554 million Turnover was £36 billion Shein was founded in 2012 and is now based …
SHEIN
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- Money
H&M profits spring back to life as it seeks to fight off Chinese fast fashion rival Shein
by Elijahby ElijahBy Daily Mail City & Finance Reporter Updated: 6:01 PM EDT, March 27, 2024 <!– <!– <!– <!– <!– <!– <!– Fashion interests: H&M’s sales are up 2% so far …
- Money
Shein could decide whether to launch its stock market float in London as soon as next week, City sources claim
by Elijahby ElijahBy Francesca Washtell Update: 5:51 p.m. EDT, March 23, 2024 <!– <!– <!– <!– <!– <!– <!– Shein could decide whether to launch its blockbuster IPO in London as early …
- Money
HarbourVest shake-up hopes to narrow hefty discount as potential Shein IPO looms
by Elijahby ElijahThe huge discount to the net asset value of FTSE 250-listed HarbourVest Global Private Equity (HVPE) shares could finally narrow after an overhaul of shareholder payouts. The investment trust, which …
- Money
Shein is disrupting fashion world – will it have same effect on stock market?
by Elijahby ElijahAmbition: Shein needs Beijing’s blessing for its plans Attention is focused on the world of fast fashion as Chancellor Jeremy Hunt campaigns to persuade Shein to list its shares in …
- Money
Hunt lobbies Shein over London float: £70bn fast fashion giant could snub New York for City+
by Elijahby ElijahBy John-Paul Ford Rojas Updated: 17:01 EST, February 27, 2024 <!– <!– <!– <!– <!– <!– <!– The Shein boss has held talks with Jeremy Hunt about a potential multi-billion …
- Money
Shein may seem like a dream listing for the City… but don’t ignore the China risk, warns ALEX BRUMMER
by Elijahby ElijahThe thrill of attracting a Gen Z listing, made famous by Tik Tok, to the moribund London stock market is too good to resist. It is no surprise that Chancellor …
- Life Style
Fast fashion giant SHEIN under fire for ‘sexy’ toddler clothes – including crop tops and mini skirts
by Merryby MerryFast fashion giant SHEIN is under fire for selling “sexy” clothing and padded bikinis designed for girls as young as six months. The Chinese retailer has become a top shopping …