H&M CEO quits as sales keep sliding, shares drop
By Reuters API Published Jan 31, 2024 H&M’s CEO unexpectedly quit on Wednesday and company veteran Daniel Ervér took over with immediate effect, as the Swedish fashion retailer struggles to boost …
By Reuters API Published Jan 31, 2024 H&M’s CEO unexpectedly quit on Wednesday and company veteran Daniel Ervér took over with immediate effect, as the Swedish fashion retailer struggles to boost …
By Reuters API Published Jan 30, 2024 Swedish fashion retailer H&M is under pressure to prove to investors it can turn its fortunes around and fend off fierce competition from …
By Bloomberg Published Jan 26, 2024 Boohoo Group Plc said it has stopped working with a UK supplier after allegations that staff at the warehouse were forced to work overtime. …
Shein investors are trying to sell shares in private market deals that value the online fashion giant at as low as US$45 billion, reflecting dwindling appetite for a company struggling …
By Reuters API Published Jan 23, 2024 Second-hand fashion marketplace Vestiaire Collective launched a crowdfunding campaign on Tuesday to raise at least one million euros ($1.09 million) from individual investors …
A founding member of ByteDance’s flagship Douyin app, the Chinese version of TikTok, has left the tech giant to focus on his own start-up for cross-border e-commerce, as Chinese-backed peers …
By Bloomberg Published Jan 16, 2024 Uniqlo, part of Fast Retailing Co., sued Shein in Japan, accusing the Chinese retailer of copying its popular Round Mini Shoulder bag. Uniqlo The …
Online fast-fashion retailer Shein announced on Monday the expansion of its Shein X Challenge to include participants from around the globe. Shein expands 2024 Shein X Challenge worldwide. – Shein …
“With advances in AI, we are ushering in the next generation of sourcing and empowering small businesses to succeed with our Smart Assistant at their side,” Chris Lu, general manager …
By Reuters API Published Jan 12, 2024 Fashion company Shein is seeking Beijing’s nod to go public in the U.S. to comply with new listing rules for local firms, two …