All Shein articles – Page 4
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Retail Navigator AnalysisShein (Financials)
UK revenue at Shein (Shein Distribution UK Limited) surged to £1.55bn in the year ended 31 December 2023 (FY2023). The retailer said “significant milestones” in the year included pop-up shops around the UK as well as the opening of a Manchester office.
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NewsShein’s UK profits have doubled as sales hit £1.5bn
Fast-fashion giant Shein’s UK profits have doubled year on year and sales have surpassed £1.5bn, exceeding the revenue of rival Boohoo.
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NewsShein prepares investor roadshow as it eyes London IPO
Fast fashion giant Shein is to hold a series of informal meetings with potential investors as it seeks a blockbuster listing on London’s Stock Exchange.
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NewsSuperdry boss has called on the government to stop Shein from ‘dodging tax’
Superdry boss Julian Dunkerton has called on the government to ban fast-fashion giant and rival Shein from “dodging tax”.
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NewsAsos rejected a higher bid for Topshop from Shein and ABG
Asos sold its 75% stake in the Topshop and Topman brands to Heartland for £135m despite receiving a higher offer from fast-fashion juggernaut Shein and Authentic Brands Group (ABG).
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Opinion‘We need to consider why Shein is a disruptor that delivers more than £1bn in annual UK sales’
Online fashion powerhouse Shein’s success raises uncomfortable questions about consumption, believes Charlotte Hardie
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NewsShein has discovered child labour cases among suppliers
Fast-fashion giant Shein has revealed that it found two cases of child labour at suppliers last year.
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NewsShein is eyeing a warehouse in the UK ahead of blockbuster London listing
Fast-fashion giant Shein is plotting the opening of a warehouse in the UK ahead of its highly anticipated float on the London Stock Exchange, according to reports.
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NewsRetail guru Mary Portas is backing a new campaign to block Shein's IPO
Say No to Shein has launched a new petition calling on the government to block the highly-anticipated IPO.
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NewsShein is launching a circularity fund as a decision on its IPO looms
Shein is launching a circularity fund as it looks to tackle fashion waste following criticisms over its supply chain and sustainability standards.
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NewsShein tax ‘loophole’ is a concern, says new business secretary
The newly appointed business secretary has warned that the tax “loophole” being exploited by Shein is a cause for concern.
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NewsEU plans to impose customs duty may hurt Shein’s London float goals
The European Union’s plans to impose a customs duty on cheap goods would impact imports from online retailers and Shein’s London listing, The Guardian has reported.
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Opinion‘As Morrisons marks 125 years in business, how many newer retailers will enjoy similar lifespans?’
Retail thrives on the new but the businesses that last longest are founded on principles that never lose their relevance, observes George MacDonald.
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NewsHuman rights group calls on regulator to block Shein’s London IPO
A UK-based human rights group is calling on the Financial Conduct Authority to refuse Shein’s application to list on the London Stock Exchange.
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NewsShein filed London IPO paperwork in early June
Fast fashion retailer Shein confidentially filed paperwork at the beginning of the month to kick off the process for a potential London IPO later in the year.
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NewsShein’s blockbuster London float in doubt
Shein may pull the plug on its highly anticipated £50bn London float amid growing criticism of the Chinese giant’s business practices in the UK, it has been reported.
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NewsLabour resists calls to close tax loophole used by Shein
Labour is reportedly resisting calls to close a tax loophole exploited by fast fashion brand Shein as it plots its London IPO.
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Opinion‘Nigel Farage says Shein London IPO is a “very bad idea”. Is he on the money?’
With speculation over Shein’s expected London IPO ongoing, George MacDonald considers why the potential listing has become such a political hot potato
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NewsShein to lose out on FTSE 100 spot as concerns around IPO swirl
Fast-fashion giant Shein is set to miss out on a spot in the UK’s FTSE 100 index, which lists the UK’s top firms by market value, according to reports.
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AnalysisShein: Why is a London listing likely to get the green light?
As the highly-anticipated London listing for Shein reportedly draws closer, Retail Week explores whether it will get the go-ahead and if so, why.