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Shein’s revenue reached nearly $10 billion in the first quarter of this year, Bloomberg reported , with net income of more than $400 million. That helped boost the fast-fashion giant’s profit margins ...
Shein has confidentially submitted plans for an initial public offering in Hong Kong as the fast-fashion giant looks to speed up its prolonged listing efforts and push UK regulators to approve a ...
The China-founded fashion retailer's move marks a rare departure from the usual practice of companies making public filings ...
With profits falling about 40% last year, Shein may struggle in any IPO to achieve the $66bn valuation it reached in its last funding round © Pablo Cuadra/Getty ...
LONDON - Shein's pursuit of a London IPO got a green light from the U.K.'s financial watchdog Financial Conduct Authority on Friday. First reported by Reuters, citing sources familiar with the ...
Shein's proposed London listing was also seen as providing a much needed boost to the U.K.'s lackluster IPO market after a string of delistings and defections amid intense competition from other ...
Fast fashion giant Shein's troubles continue to mount after its much anticipated London initial public offering (IPO) reportedly hit a fresh roadblock. Stream San Diego News for free, 24/7 ...