Shein
This coverage examines Shein’s presence and strategy in the UK retail market, focusing on its fast fashion model, supply chain practices, marketing tactics, consumer engagement, and regulatory scrutiny. Reporting highlights how Shein competes in a crowded market while addressing sustainability and ethical concerns — providing insight for executives, managers, and professionals overseeing fashion, e-commerce, and brand positioning.
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Jun- 2024 -13 JuneNews
Today’s news in brief-13/6/24
Singapore-based fashion retailer Shein has raised prices by over a third on core items to boost revenue ahead of its anticipated IPO on the London Stock Exchange. Coresight Research estimates Shein’s revenue will reach $50bn this year, a 55% increase from last year. The company’s price hikes have outpaced competitors…
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13 JuneClothing & Shoes
Shein ups prices ahead of planned London IPO
Shein has increased its prices by over a third on some core items in an attempt to boost revenues ahead of its anticipated IPO on the London Stock Exchange. According to Reuters, Coresight Research estimates Shein’s revenue will reach $50bn (£39m) this year, up 55% on last year’s figure. The…
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3 JuneNews
Today’s news in brief-3/6/24
Shein is reportedly preparing for a landmark London flotation valued at £50bn, marking the city’s most significant public float in over a decade. Sources indicate that the fast-fashion giant will soon file a prospectus with the Financial Conduct Authority, although the exact timing remains uncertain. This move comes after Shein…
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3 JuneClothing & Shoes
Shein to file for £50bn London float
Shein is reportedly eyeing a London flotation that would value the fast-fashion company at £50bn. According to Sky News, the company is set to file a prospectus with the Financial Conduct Authority for approval ahead of the potential float. Sources told Sky that the filing could potentially take place this…
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May- 2024 -13 MayNews
Today’s news in brief-13/5/24
The Very Group has named Nadhim Zahawi, former government minister and MP, as its new non-executive chair. Zahawi, who will succeed Aidan Barclay, brings significant experience in digital growth and innovation. He aims to guide the company’s strategic development and explore new business expansion opportunities, potentially involving fresh equity investment.…
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13 MayOnline & Digital
Shein accelerates London IPO preparations
Shein is reportedly ramping up its move towards a London IPO after its attempt to float in New York faced regulatory hurdles, sources have told Reuters.One source told Reuters that Shein now plans to update China’s securities regulator on changing the IPO venue and file with the London Stock Exchange…
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Apr- 2024 -18 AprilNews
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 from various high-profile retailers, with Authentic Brands Group also showing interest. The potential sale of Topshop by Asos follows its widening losses and a decline in sales, partly attributed to…
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18 AprilClothing & Shoes
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 Times, Asos has received “non-stop interest” from a range of high-profile retailers, including the fast-fashion giant. Authentic Brands Group (ABG), which now owns Ted Baker and Forever 21, is also…
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2 AprilNews
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 with Hilco. Dunkerton, while remaining committed to the business, does not intend to make an offer, according to a statement on the London Stock Exchange. Talks of a possible equity…
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2 AprilClothing & Shoes
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 or New York, according to the Financial Times. Furthermore, the company saw its sales jump to $45bn, becoming one of the most profitable fashion companies in the world. Only Inditex,…
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