SHEIN SAYS "THE RESULT IS A SURPRISING ONE, AND RISKS CREATING ONE RULE FOR ONLINE PLATFORMS WHOSE SERVERS SIT OUTSIDE THE UK AND ANOTHER RULE FOR EVERYONE ELSE" - STATEMENT
Shein is drastically scaling back its Vietnam warehouse operations near Ho Chi Minh City, cutting jobs since April, after US tariff changes and its dependence on Chinese suppliers made the export hub experiment unviable
Shein's draft prospectus for a Hong Kong market listing has for the first time shed light on the top management and ownership structure of the online fast-fashion retailer, which was founded in China in 2012.
Shein won approval from the Hong Kong stock exchange listing committee for an IPO, bringing the fast-fashion retailer closer to its much-awaited stock market debut in the Asian financial hub
Shein got approval from the Chinese regulator to move ahead with its planned initial public offering in Hong Kong, capping a yearslong effort by the fast-fashion giant to go public