Shein still keen to buy Topshop from Asos Retail Fast-fashion disruptor Shein is reportedly still interested in buying Topshop from Asos, the former golden egg of Philip Green’s now collapsed Arcadia empire.
Shein continues to face copycat claims as it plots US listing Shein Fast fashion giant Shein has reportedly been accused of breaching its own legal settlement and continuing to sell copycat products despite saying it would stop.
Asos under pressure as Gen Z shoppers switch to Shein Retail Clive Black, analyst at Shore Capital, told City A.M. Asos has come off the back of three “really hard years” and is facing increased competition from Far East rivals Shein and Temu.
Shein float will be a godsend for markets – if it can get over the line December 13, 2023 As Shein eyes up a mega IPO, it's flotation could re-start the cycle of flotations which has been stuck in the doldrums, writes Simon Neville
Mark Kleinman: LSE chiefs must seize Shein opportunity December 14, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Shein is plotting world domination, should UK retailers be worried? November 2, 2023 It is expected that Shein’s chokehold on shoppers will get even greater after acquiring its first UK company earlier this week.
Shein cash giveaways similar to Temu’s raise data privacy issues April 30, 2024 Fast-fashion giant Shein has launched a number of promotions on its app, such as "magic draw", "draw easily", "free gift", and "spin to win".
Shein mulls London IPO after pressure from US regulators February 27, 2024 Chinese fast fashion giant Shein is considering switching its blockbuster IPO plans from New York to London in what would be a major boon to the beleaguered London Stock Exchange, according to reports.
Could Shein be set to ditch New York for London ahead of bumper listing? December 11, 2023 Shein, one of the world's biggest online fast-fashion brands, is reportedly considering a float on the London Stock Exchange (LSE) in a glimmer of hope for the City amid a drought in listings.
A fashion disaster: how Asos lost its throne to Shein (and Gen Z) November 3, 2023 Asos has Topshop in its arsenal but it has failed to recreate its dominance of the 2010’s and Shein has won favour among Gen Z buyers, writes Debbie Ellison