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200 Search results for Shein

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  • Shein shapes up for cut-price IPO as dominance slows 

    Retail

    Shein will list in Hong Kong this week in a cut-price initial public offering following two previous failed attempts in London and New York. The Chinese retailer will begin trading in Hong Kong on Tuesday in a debut set to value the firm at around $27bn (£19.8bn), about a quarter of its highest private-market valuation.  [...]

    Hong Kong's bourse is the third stock exchange Shein has suggested listing on
  • The Danish retailer plotting to outsmart ‘unsentimental’ Modella Capital

    Retail

    On the modern-day British high street, a Scandinavian shop featuring maze-like aisles, quirky homeware and bags of licorice near the till is not quite a reinvention of the wheel.  But Mikkel Grene, chief executive of Danish homeware retailer Søstrene Grene, believes his business can go toe-to-toe with Ikea and Flying Tiger for pride of place [...]

    Man in suit seated in a Sostrene Grene store, surrounded by homeware and gift items.
  • As it happened: Stocks rally; US to unveil ‘economic D-Day’ Iran sanctions

    FTSE 100 Live

    Welcome back to the City AM liveblog. The FTSE 100 rallied on Monday afternoon following a brief slump in the early afternoon. Wier, Airtel Africa and Intercontinental Hotels Group led the index’s risers while Autotrader and Melrose Industries dragged on the index. The attention of investors is trained on the other side of the Atlantic, [...]

    Live blog placeholder image for a general news article on a business website, featuring a neutral background and subtle de...
  • Western Europe’s Fashion E-commerce Market Matures, Representing 20% of Online Consumer Spending as Gen Z Drives momentum

    July 30, 2026

    Second-hand platforms and value-focused retailers are disrupting Western Europe’s fashion market, which accounts for nearly one-fifth of online spending

  • H&M misses sales target as cost-cutting leaves retailer understocked

    June 25, 2026

    H&M slumped to lower than expected sales and profit as the retailer warned that its cost-cutting drive is leaving some stores unable to keep up with demand. The Swedish-listed firm took 54.8bn kronor (£4.2bn) in sales in the three months to the end of May, flat year on year. Its operating profit jumped by 11 [...]

  • ‘Dispiriting’: Ministers speed up crackdown on Shein and Temu – by just six months

    June 23, 2026

    Retailers have criticised the government for failing to move fast enough on closing a tax loophole that they say favours fast-fashion importers like Shein and Temu. High street businesses had been urging the government to bring forward its planned end to the “de minimis” regime, which exempts imports worth less than £135 from paying tax. [...]

  • UK risks becoming ‘dumping ground’ for Temu and Shein, retailers warn

    June 23, 2026

    The UK risks becoming a “dumping ground” for online fast-fashion giants like Shein and Temu once a European crackdown on those firms comes into effect, leading retailers have warned. High street firms including Primark and Accessorize told City AM they risk facing tougher rivalry from foreign fast-fashion sellers if the UK does not clamp down [...]

  • Retailers ramp up pressure on Reeves to scrap tax break for e-commerce rivals

    May 27, 2026

    Retailers have urged Rachel Reeves to “revitalise the high street” by speeding up plans to close a tax break which they say unfairly favours Chinese e-commerce rivals. High street giants like Next, M&S and Primark have urged the Chancellor to impose a £2.60 flat fee on small parcels to rebalance a system which they say [...]

  • Can Primark go it alone after ABF split?

    April 22, 2026

    FTSE 100 giant Associated British Foods ended months of rumour when it announced its demerger from Primark. Felix Armstrong explores how the budget clothes retailer will fare on its own. Walk into Oxford Street’s Primark, battle through the tightly packed rows of cut-price clothing, and your eyes will seize on the bright blue lights of [...]

  • Regulator mulls audit changes to attract Chinese listings

    February 16, 2026

    The audit regulator is considering a temporary change in its accounting rules which would make it easier for Chinese firms to list in London.  The proposal is the latest regulatory reform designed to make the UK a more attractive place for international companies to list.  In a statement, the Financial Reporting Council (FRC) said it [...]

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