Shein

Today’s news in brief-18/4/24

Shein is among several retailers expressing interest in acquiring Topshop from Asos, according to reports. Asos has received continuous interest…

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Shein revives interest in acquiring Topshop

Shein is reportedly amongst a “number” of retailers still interested in acquiring the Topshop brand from Asos. According to The…

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Today’s news in brief-2/4/24

Superdry CEO Julian Dunkerton’s plans for a takeover have fallen through, leading to an extension of a £20m funding facility…

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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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Today’s news in brief-7/3/24

The British Retail Consortium (BRC) criticised Chancellor Jeremy Hunt’s Spring Budget, stating that it lacked initiatives to boost investment and…

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Shein UK breaches company law by failing to disclose PSC

Shein’s UK arm has reportedly failed to disclose its ultimate ownership, breaching company law that could disrupt its reported plans…

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Today’s news in brief-28/2/24

Shein is reportedly contemplating shifting its Initial Public Offering (IPO) from New York to London amidst anticipated regulatory hurdles in…

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Shein mulls London IPO amid resistance to New York listing

Shein is reportedly considering the possibility of switching its initial public offering to London from New York in what could…

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Today’s news in brief-23/2/24

Consumer confidence in the UK dropped by two points to reach -21 in February, according to the GfK index. The…

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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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