Fast Fashion
This coverage examines the fast fashion segment within the UK retail industry, focusing on business strategies, supply chain practices, consumer trends, and sustainability challenges. Reporting highlights brand performance, operational efficiency, regulatory scrutiny, and market dynamics — delivering insight for retail executives, brand managers, and professionals overseeing competitive positioning and ethical considerations in this sector.
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Oct- 2024 -21 OctoberNews-In-Brief
Today’s news in brief-21/10/24
Frasers Group has agreed to sell its 20.3% stake in N Brown for £191m to Falcon 24 Topco Limited, owned by Joshua Alliance. Despite divesting from N Brown, Frasers looks forward to a strategic relationship with Alliance. Concurrently, Frasers is pursuing the acquisition of luxury brand Mulberry, raising its offer…
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21 OctoberFeatures
What does Shein’s potential IPO mean for the company and its competitors?
Chinese fast-fashion retailer Shein has reportedly been mulling launching an Initial Public Offering (IPO) on the London Stock Exchange for the past year. This float would be the first time the company has been publicly listed anywhere in the world and would represent a large moment in the retail space.…
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21 OctoberClothing & Shoes
UK serial returners to drive £6.6bn in online returns in 2024
The retail sector is currently seeing a surge in the number of ‘serial returns’, with an estimated £6.6bn of online returns in 2024, according to the Annual Returns Benchmark Report 2024 conducted by returns specialists ZigZag, in partnership with Retail Economics. The report stated that serial returners, accounting for one…
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18 OctoberAdvice
Retail lessons from Shahnila Rashid: Topshop, TK Maxx, and beyond
From the rise of fast fashion to the digital disruption that has reshaped consumer behavior, Shahnila Rashid’s journey through the world of merchandising, buying, and retail strategy has provided her with unparalleled insights into both the triumphs and the challenges that come with the territory. Starting her career at Topshop,…
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9 OctoberClothing & Shoes
Shein’s UK profits double as sales hit £1.55bn in 2023
Shein’s UK arm has seen revenues rise by 38% to £1.55bn in the year ended 31 December 2023, up from £1.12bn the prior year.Meanwhile, pre-tax profit doubled from £12.2m to £24.4m over the year, according to new filings on Companies House. In the latest accounts for Shein Distribution UK Ltd,…
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4 OctoberClothing & Shoes
Shein to hold informal talks with investors ahead of possible London float
Shein is reportedly set to hold informal talks with potential investors in the coming weeks regarding its much anticipated London initial public offering (IPO), according to Reuters.Three sources with knowledge of the matter said the discussions will be held as the fast fashion giant awaits UK regulatory approval to launch…
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Aug- 2024 -22 AugustClothing & Shoes
Shein mulls selling shares to British public amid IPO backlash
Shein is reportedly looking to sell its shares directly to the British public after its potential £50bn listing on the London Stock Exchange was met with backlash, The Telegraph has reported. It is understood that the fast fashion group is in the early days of examining a possible sale to…
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19 AugustClothing & Shoes
Boohoo in dispute with suppliers over poor stock quality
Boohoo and its suppliers are reportedly in a dispute over claims the fast fashion group has received a significant amount of defective stock and is therefore withholding payments, The Telegraph has reported. It is understood that the fashion group is refusing to pay the outstanding fees until the issues are…
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13 AugustNews
Today’s news in breif-13/8/24
UK wage growth has fallen to a two-year low, with wages excluding bonuses growing by 5.4% in the three months ending June 2024, the lowest since 2022, according to the Office for National Statistics. Factoring in inflation, wage growth drops to 3.2%. Public sector pay rose by 6%, while private…
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13 AugustClothing & Shoes
Shein scouts Midlands warehouse ahead of London IPO
Shein is reportedly looking to open its first British warehouse within the Midlands’ “golden logistics triangle” ahead of its anticipated £50bn listing on the London Stock Exchange, according to The Telegraph. It is understood that the fast fashion giant has sent a team of representatives to the UK to look…
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