New York Post4d
Forever 21 goes belly-up and will shutter all US stores, blames Temu and Shein
Forever 21 has filed for bankruptcy protection for the second time in six years, citing fierce competition from online fast-fashion giants Shein and Temu as a major factor for its financial struggles.
Bloomberg L.P.1mon
Shein $30 Billion IPO Would Still Be a Stretch
Shein Group Ltd. is under pressure to cut its valuation to about $30 billion as it prepares to go public, Bloomberg News reported this week. That would still overprice the fast-fashion retailer ...
New York Post25d
Shein’s annual profit down by more than a third, FT reports
Online fast-fashion retailer Shein’s profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the Financial Times reported ...
Digital Journal6d
Shein says US tariff hit won’t stop fast-fashion flood
Shein Group executive chairman Donald Tang says tariffs imposed by the administration of US President Donald Trump will not remove his company from the US market ...
Reuters26d
Shein's annual profit down by more than a third, FT reports
Feb 23 (Reuters) - Online fast-fashion retailer Shein's profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the ...