John Lyttle, CEO of Boohoo, steps down following a significant decline in international sales.Boohoo experiences a sharp 18% drop in US sales and 21% in other…
Browsing: Shein
Shein is strategically advancing its plans to go public in London.The company has appointed Barclays Plc and UBS Group AG as bookrunners.Preparation involves collaboration with major…
In the competitive world of fast fashion, Shein’s UK sales have remarkably surpassed those of Boohoo for the first time, signaling a significant industry shift. Here’s…
River Island, the prominent high street retailer, has reported a pre-tax loss of £30 million attributable to increasing digital competition and operational challenges.A significant decline from…
Shein, a Chinese-founded online retailer, has seen substantial growth in its UK revenue, marking a significant prelude to its anticipated IPO on the London Stock Exchange.The…
Shein, a rapidly expanding Chinese online retailer, is set to embark on a series of informal investor meetings in anticipation of its upcoming London IPO.The firm,…
Julian Dunkerton, Superdry’s CEO, has called attention to Shein’s tax practices, labeling them as unfair positioning in the UK market.Shein utilizes a UK tax loophole exempting…
Superdry CEO Julian Dunkerton has raised concerns over fashion giant Shein’s tax practices.Dunkerton argues that Shein benefits from a tax advantage due to no import duties…
Boohoo Group has launched a new expansive showroom in Soho, London.The facility will feature flagship brands Boohoo, Boohoo Man, PrettyLittleThing, Karen Millen, and Debenhams.Karen Millen premiered…
The United States aims to close a loophole allowing duty-free entry for low-value shipments, but Shein remains unfazed.The closure targets packages under the $800 ‘de minimis’…