-
Shein Mulls London IPO As US Listing Faces Hurdles: Report
Tuesday, February 27, 2024 - 3:34am | 708Shein, the Chinese fast-fashion giant, is reportedly contemplating a shift of its initial public offering (IPO) from the U.S. to London due to regulatory obstacles. The company is also considering other potential venues, including Hong Kong and Singapore. What Happened: Shein, which was initially...
-
Zara's Parent Company Targets Shein With Budget Brand Lefties' Strategic Expansion
Thursday, February 22, 2024 - 4:13am | 670Industria De Diseno (OTC:IDEXY), the parent company of Zara, is launching a strategic expansion of its budget brand, Lefties, to counter the growing influence of the Chinese fast-fashion giant Shein. What Happened: Inditex is expanding its budget brand, Lefties, in response to the competitive...