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
Analysts: Shein float in London would set off investor ESG alarm bells December 12, 2023 Shein is reportedly looking at a potential IPO in London - though analysts in the capital believe a float would raise investor red flags
Whether it’s Shein or Vinted, we’re addicted to buying clothes for pennies November 30, 2023 Business is booming for both Shein and secondhand retailers. The link? We're addicted to buying clothes for nothing, writes Anna Moloney.
Mike Ashley’s Frasers offloads Missguided to Shein just one year after acquisition October 30, 2023 Frasers Group will retain Missguided’s real estate and employees which have already been blended into the Sports Direct owners fashion division.
London Stock Exchange boss says IPOs on the way as Shein and Raspberry Pi ready floats May 13, 2024 City grandees have cheered on a rebound for the beleaguered London Stock Exchange as fast fashion giant Shein and computer firm Raspberry Pi eye up blockbuster listings in the capital.
Missguided sale marks a pivot in Frasers’ strategy – but a Shein deal has risks attached September 18, 2023 News that Frasers could sell Missguided to Shein potentially marks a change in strategy for the Sports Direct owner, which has been highly acquisitive in recent years.
Mike Ashley’s Frasers in talks to offload Missguided to Chinese fast fashion giant Shein September 18, 2023 Mike Ashley’s Frasers Group is reportedly in talks to offload its online clothing brand Missguided to Chinese fast fashion giant Shein. Frasers, which owns the high street favourites such as Sports Direct and Jack Wills, bought Missguided for £20m last year after it collapsed into administration. As part of the rescue deal, the Manchester business kept [...]
Shein reaches £1bn in UK sales with tax bill of just £2.3m September 24, 2023 Fast fashion giant Shein has made over £1bn-worth of sales within the first two years of its UK presence.
Shein sets up shop in Japan with physical store to boost online brand November 2, 2022 Fast fashion behemoth Shein is to set up shop at its first permanent brick-and-mortar store in Tokyo. The Chinese retailer announced it would be opening a store in the Harajuku fashion district later this month, according to the Reuters news agency. Shein is looking to push its online brand by having a physical footprint, with [...]
Shein: Supply chain workers paid as little as 3p to work 18-hour shifts October 16, 2022 Workers supplying Shein are paid as little as 3p and work shifts of around 18 hours, a Channel 4 investigation has uncovered. In its documentary ‘Untold: Inside the Shein Machine,’ the news channel revealed that, in some of the Chinese factories in Shein’s supply chain, workers earn a maximum of £500 per month to produce [...]