Mark Kleinman: Melrose 2.0 may shine more than Shein June 20, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Oh Shein! Fast-fashion giant hit with legal action in London by competitor June 19, 2024 Chinese founded Shein and its entities have been slapped with a lawsuit in the English High Court by its UK competitor Oh Polly
Peel Hunt chief: If you give a sh*t about the City, you should be very alarmed June 18, 2024 The boss of Peel Hunt has said the City “should be very alarmed” about its future as he defended a string of warnings from the investment bank over the state of the UK’s capital markets.
Temu targets trademarked brands such as Dyson and Zara on Google and Bing June 14, 2024 The majority of these targeted brands are retailers, including Zara, Rayban, Dyson, Curry's, and Marks & Spencer.
Politicians have misread the room over Shein June 12, 2024 Growth-hungry MPs are welcoming Shein’s big bucks plans to list on the London Stock Exchange, but there’s growing unease among the people who really matter – investors, says Simon Neville Whenever the City and Westminster clash, it is usually because the former wants the latter to be more lenient. The cries of “you’re stifling competition!” [...]
Raspberry Pi shares surge in dealing debut amid hot demand June 11, 2024 In an announcement this morning, Raspberry Pi confirmed that its shares had been priced at 280p, giving it a market capitalisation of around £541.6m.
Walgreens shelves plans to take Boots public in another blow for London market June 11, 2024 The American owner of Boots has parked plans to list the high street chemist on the London Stock Exchange, in another blow for the market.
The threat of a listing exodus must spur on bolder risk-taking June 11, 2024 Just as the arrival of Shein onto London’s equity markets, and the Raspberry Pi float, are more indicative of individual company circumstances than a wider trend, so too would be Ashtead’s departure from London – if they choose to move ahead with it. This is a company after all which, though listed in the capital, [...]
London listings to rebound from second half of 2024, broker predicts June 10, 2024 The UK's IPO market is starting to open up, according to a leading broker, as it eyes a rebound in listings from the second half of this year.
Shein set to miss out on FTSE 100 spot as industry body flags concerns June 9, 2024 Fast-fashion giant Shein is set to miss out on a place in the FTSE 100, according to reports, as the incoming mega listing continues to spark debate in the City.