FCA
This coverage focuses on the Financial Conduct Authority’s (FCA) oversight and actions affecting the UK retail sector. Reporting highlights regulatory changes, compliance requirements, investigations, enforcement actions, and guidance — all analysed for their impact on retail operations, financial practices, and corporate governance. The content is designed for retail executives and managers responsible for ensuring regulatory compliance and mitigating risk.
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Jul- 2025 -18 JulyOnline & Digital
BNPL borrowers set to receive new protections under FCA proposals
Buy now pay later (BNPL) customers would benefit from similar protections to other types of lending under new proposals from the Financial Conduct Authority (FCA). The draft rules would require lenders to assess affordability and offer support if borrowers fall into financial difficulty. BNPL users would also be able to…
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8 JulyClothing & Shoes
Shein files for Hong Kong IPO
Shein has reportedly filed for an initial public offering (IPO) in Hong Kong after facing continued setbacks in its plans to list on the London Stock Exchange, according to The Financial Times. The Singapore-based online retailer is said to have privately submitted a draft prospectus last week to the Hong…
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May- 2025 -29 MayClothing & Shoes
Shein shifts focus to Hong Kong listing after London IPO stalls
Shein is reportedly pivoting towards a listing in Hong Kong after a proposed IPO in London hit a roadblock from Chinese regulators, sources have told Reuters. The retailer is said to be looking to file a draft prospectus with Hong Kong’s stock exchange in the coming weeks, with plans to…
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Apr- 2025 -14 AprilNews-In-Brief
Today’s news in brief-14/4/25
Currys CEO Alex Baldock has warned of a potential influx of Chinese products into UK and European markets, driven by Donald Trump’s tariffs on Chinese goods. Baldock and other retail executives, including Buy It Direct’s Nick Glynne, expressed concerns that Chinese manufacturers may redirect goods originally destined for the US…
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Dec- 2024 -20 DecemberNews
FCA approves N Brown’s £191m takeover
N Brown’s board of directors has confirmed that the FCA has given the go ahead for a £191m takeover deal that will see Joshua Alliance acquire the brand. As previously announced on 17 October, Alliance will pay 40p in cash for each N Brown share. The company already owns 6.6%…
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17 DecemberNews-In-Brief
Today’s news in brief-17/12/24
Shein’s potential London IPO may challenge regulatory norms as the company reportedly seeks a waiver from the UK’s 10% public float requirement. If successful, it would mark a first for London’s stock market. Shein filed confidentially with the FCA in June but faces delays due to regulatory scrutiny, including concerns…
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17 DecemberClothing & Shoes
Shein considers listing below 10% rule in London float
Shein is reportedly considering asking UK regulators to waive listing rules that require at least 10% of its shares to be sold to the public ahead of its planned London flotation.According to Reuters, a source said the fast-fashion company was exploring this option to facilitate its IPO. If permitted, it…
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12 DecemberNews-In-Brief
Today’s news in brief-12/12/24
Central Group’s executive chair Tos Chirathivat admitted to overpaying in hindsight for Selfridges and other European luxury department stores as part of a £4bn deal in 2021. Chirathivat told the FT the price felt steep given rising global interest rates but noted the valuation may look more reasonable in a…
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12 DecemberClothing & Shoes
Shein IPO could be delayed over supply chain checks
Shein’s London IPO could be set to be delayed after the FCA is taking longer than usual to give its go ahead as it takes its time to assess the fast fashion retailer’s supply chains, according to Reuters. The FCA is reportedly looking into Shein’s supply chain after receiving a…
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Oct- 2024 -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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