“Reluctantly, we will bid farewell to many valued members of the Daraz family,” acting chief executive James Dong said in an internal memo published on the company’s website on Tuesday. …
By Bloomberg Published Feb 27, 2024 A multi-billion dollar listing by fast fashion label Shein could become London’s biggest ever IPO, although analysts are wary that the plan, revealed by …
By Bloomberg Published Feb 27, 2024 Fast-fashion company Shein is considering the possibility of switching its initial public offering to London from New York because of hurdles to the listing …
Translated by Roberta HERRERA Published Feb 26, 2024 The European Commission has disclosed negotiations with Zalando for the removal of certain flags and icons emphasizing the claimed sustainability of corresponding …
By Reuters API Published Feb 23, 2024 Zara owner Inditex, the world’s biggest listed fast fashion company by sales, is expanding its low-priced Gen Z-focused brand Lefties to counter Chinese-founded …
By Reuters API Published Feb 21, 2024 The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry, as they increasingly vie …
By Bloomberg Published Feb 16, 2024 The business of selling cheap odds and ends online might prove to be just as short-lived as a polyester sweater from a fast fashion company. @bru …
By Bloomberg Published Feb 14, 2024 Fashion retailer Express Inc. is rapidly running out of cash and time. Express Staggering under nearly $300 million of debt, the company for weeks …
Global online fashion and lifestyle retailer Shein announced on Thursday plans to open a new Seattle-area office in downtown Bellevue, expanding its growing U.S. footprint. Shein expands U.S. presence with …
By Reuters API Published Jan 31, 2024 The new boss of H&M faces a thorny dilemma: increase prices and lose more ground to budget online fast-fashion rival Shein, or cut …