Markets Analysis: Shein IPO will do little to shake troubled London Stock Exchange’s ‘second-rate’ statusAttracting the Chinese e-commerce giant would be a major boost to London’s exchange, but far from a panacea
News UK finance minister meets with Shein boss as fashion giant mulls London listingIf Shein does decide to list on the flailing FTSE, it would likely be one of the biggest ever entries to the London exchange
E-commerce Boomers go big for online shopping platform Temu Chinese e-commerce app may be seen as something for young consumers but more mature shoppers are also big fans of the platform
Technology TikTok app sales surpass $10bn spending milestoneGenerative AI apps surpassed $10 million in monthly consumer spending by late 2023
Profit & Loss Profit & Loss: McDonald’s serves up while losses bite at Eddie Rockets Revealing who is up and who is down as we go inside the world of private Irish businesses
Companies Shein’s Irish business churns €4.5bn in revenueSales at the fast fashion giant’s Irish entity - which is in its second year of business - tripled in 2022
Markets Shein files with US regulators for an IPO that could value Chinese fast-fashion giant at $90bnThe online retailer has become hugely popular in thanks to its trendy clothing at ultra-low prices
Fast Fashion Shein aiming for $90bn valuation as it eyes US initial public offeringThe company has told prospective investors that it’s aiming to fetch a valuation of $80 billion to $90 billion in a listing
Retail Shein buys Missguided brand from Mike Ashley’s Fraser Group Deal marks Chinese fast fashion giant’s first UK acquisition
Retail Mike Ashley in talks to sell Missguided to fast-fashion giant SheinRetail tycoon’s Fraser Group bought troubled fashion retailer Missguided last year for a reported £20 million
Fashion News Shein and Forever 21 become frenemies with investment dealThe Singapore-based retailer is trying to shift to an Amazon-style marketplace where sellers can list their own products alongside those manufactured by Shein
Fashion News H&M sues fast fashion rival Shein for copyright infringementStockholm-based H&M asked for unspecified damages and an injunction to stop Shein from infringing on its copyright and trademarks
Funding Stripe records largest VC deal to date this yearGlobal venture capital investment fell for the sixth consecutive quarter from April to June
Retail Fast fashion giant Shein accused of ‘long and continuous pattern of racketeering’ in US lawsuit The Chinese retailer said it will “vigorously defend” itself against the allegations
Companies H&M, Asos gain as retailers show signs of better days to comeBoth retailers surged 6.9 and 16 per cent respectively after returning to profit
Stock Take Ellie Donnelly’s Stock Take: Reports of High Street’s demise may be greatly exaggerated Recent results show online retailers are struggling compared to their bricks and mortar rivals
Fashion MEP Barry Andrews calls on government to outline due diligence on fast fashion outlet Shein Chinese fashion retailer today announced Dublin as their new European, Middle East, and Africa headquarters with the creation of 30 jobs
business TikTok sensation Shein sets up EMEA headquarters in DublinChinese fast fashion business plans to hire 30 people in Ireland before the end of the year
Retail Shein begins routing over €1bn in sales through Irish entityInfinite Styles Ecommerce Co Limited, a firm owned by the fast fashion giant, recorded more than €1.53 billion worth of sales in 2021
Retail Fast-fashion giant Shein to build out a team of senior staff in IrelandChinese online clothes retailer plans to hire a number of people in its Dublin office including a legal head and a head of finance