Etiket: Shein
Is Shein going public on the US stock exchange?
Chinese e-commerce giant Shein is said to have filed for a confidential IPO in the US to test interest from investors in the region. According to reports, the company is…
Possibly one of the largest IPOs in years: “Chinese online clothing store Shein wants to go to Wall Street”
The originally Chinese online clothing store Shein has submitted an application to go public on the American stock exchange. Business newspaper ‘The Wall Street Journal’ reports this based on anonymous…
OECD in France is investigating Shein
Yesterday, Tuesday, November 14, 2023, the Organization for Economic Co-operation and Development (OECD) in France announced that it had initiated proceedings against the Chinese ultra-fast fashion company Shein to ensure…
Frasers Group sells Missguided trademark rights to Shein
The British retail group Frasers Group Plc is separating from the fast fashion label Missguided. On Monday, the company said it would sell Missguided’s intellectual property rights, including trademark rights,…
Will competitors Shein and Temu bury the hatchet?
Will the various legal disputes between Chinese competitors Shein and Temu come to an end? Both parties are said to have filed documents to withdraw the lawsuits, reports the Reuters…
Marcelo Claure becomes Vice Chairman of Shein
Chinese fast fashion retailer Shein appoints Marcelo Claure as vice president. Claure, a current investor in the company, will help accelerate strategic growth initiatives across the group’s global markets as…
Shein invests $85 million in “global community empowerment”
The Chinese fast fashion retailer Shein is investing in “global community empowerment”. Over a period of five years, 85 million US dollars (79.7 million euros) will be invested in initiatives…
Frasers Group could sell Missguided to Shein
Frasers Group is reportedly looking to sell Missguided after buying the fast fashion label out of bankruptcy 18 months ago. British retailer Frasers Group Plc, which owns Sports Direct, House…
Shein faces another legal battle, this time with H&M
In a growing list of lawsuits, Chinese fast fashion giant Shein faces yet another copyright lawsuit, this time by Swedish fashion retailer H&M. The Swedish group of companies has filed…
Who is Shein competitor Temu?
Image from the Temu platform. Credit: Temu Newsroom. Temu is the “sister company” of Chinese e-commerce giant Pinduoduo. Launched in September 2022, the multi-segment marketplace has quickly become a household…