Shein was fast fashion’s next big thing. Now it’s fighting for a second act

Facing pressure in the United States and Europe, the online retailer is struggling to find new ways to grow ahead of its much-delayed initial public offering.

Facing pressure in the United States and Europe, the online retailer is struggling to find new ways to grow ahead of its much-delayed initial public offering.

China-based retailer swung to $99m loss in first quarter and faces scrutiny over its environmental footprint Business live – latest updates Shein, which built a fast-fashion empire on what seemed like impossibly low prices, has been forced to lower its own valuation in a cut-price stock market float, after falling in

Fast fashion giant Shein valued at up to $27 billion in Hong Kong IPO  Reuters

HONG KONG, Aug 24 : Online fast-fashion retailer Shein launched book building for a Hong Kong initial public offering on Monday, aiming to raise up to HK$13.86 billion ($1.77 billion), valuing it at up to $26.81 billion, according to an offering prospectus.Shein is selling 280 million shares for a minimum of HK$47.60 p

When a 100-member tour group from South Korea approached a Hong Kong craft beer manufacturer about a visit and tasting session, the operator declined their request. The refusal was not due to a lack of confidence in the product or a staff shortage. The brewery simply lacked a licence to serve beer on the premises. “It

Facing pressure in the United States and Europe, Shein is struggling to find new ways to grow ahead of its much-delayed initial public offering.