Fast Fashion

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…

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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…

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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…

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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…

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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…

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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…

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Shein profits clear $2bn mark ahead of IPO

Shein has seen its profits double to over $2bn (£1.6bn) while it waits to launch its IPO in either London…

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Shein eyes Boohoo suppliers for UK expansion

Shein has reportedly begun the process of onboarding a number of Boohoo suppliers as it ramps up its UK expansion,…

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Zara owner expands budget brand Lefties in bid to rival Shein

Zara owner Inditex is reportedly expanding its low-priced, Gen Z-focused brand Lefties in a bid to be competitive against fast…

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Chinese regulator delays Shein US IPO

Fast fashion brand Shein’s plan to take the firm public on the US stock exchange may be delayed after it…

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