Browsing: fast fashion News
Boohoo faces significant scrutiny for reengaging with a supplier previously cut off due to modern slavery concerns.The supplier, GN Euro, now operates under a new name…
Navigating the cut-throat world of fashion retail, Asos stands resilient against competitors like Vinted and Shein. Despite reporting losses, CEO José Antonio Ramos Calamonte remains confident…
In recent years, Shein and Temu have dominated the fast fashion ecommerce scene. However, new forecasts suggest significant growth challenges are on the horizon. Expectations for…
In a bold move to reinforce its market position, Shein unveils a branded credit card to stimulate consumer interaction and fortify its financial strategies.With its sights…
In a surprising turn of events, speculation has arisen around the future leadership of Boohoo Group. Key industry sources suggest Umar Kamani, the founder of PrettyLittleThing,…
Umar Kamani, founder of PrettyLittleThing, may be eyeing the CEO position at Boohoo Group as John Lyttle prepares to exit.Boohoo announced the departure of its CEO,…
Shein’s UK sales have surpassed Boohoo’s, indicating a shift in the fast fashion market.In 2023, Shein reported revenues over £1.5bn, as Boohoo’s sales fell to £1.4bn.Shein’s…
Shein, a Chinese-founded online retailer, has announced impressive sales figures in the UK, as it plans a significant IPO on the London Stock Exchange.The company’s UK…
Shein is embarking on a significant initiative as it prepares to engage with investors in anticipation of its London IPO. The e-commerce giant aims to secure…
Boohoo is under scrutiny to potentially restructure following shareholder pressure. Stock value has plummeted over the past five years.Shareholders are urging Boohoo to spin off successful…
Amadeus House 27b Floral Street London WC2E 9DP United Kingdom
editor@financial-news.co.uk.
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