IPO

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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La Redoute appoints new CEO

La Redoute has announced the appointment of Fabien Versavau as chief executive officer, effective from 9 September.  In his new…

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Birkenstock misses Q3 profit estimates

Birkenstock has missed its quarterly profit estimates as its gross profit margin dropped 220 basis points to 59.5% during the…

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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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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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Vinted targets $5bn valuation with latest share sale

Online marketplace for second hand goods, Vinted, has reportedly launched a share sale that could value the business at as…

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Walgreens outlines Boots investment plans after abandoning sale

Walgreens Boots Alliance has laid out plans that will see it invest in retailer Boots after shelving plans for its…

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Today’s news in brief-28/6/24

Walgreens Boots Alliance (WBA) has decided to shelve plans for a £7bn sale of Boots for the second time, citing…

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WBA shelves Boots sale plans for second time

Walgreens Boots Alliance (WBA), the owner of Boots, has reportedly shelved plans for a £7bn sale of the UK health…

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