News this week that Frasers Group was selling a brand rather than buying one (as is more often the case) may have surprised some, but it makes strong commercial sense …
There’s been speculation for a while and on Monday it was finally confirmed, Frasers Group has sold digital fashion retailer Misguided to Shein. Missguided Frasers said it “has divested the …
ASOS is considering selling Topshop as its turnaround drive continues, at least that’s what a report claimed at the weekend, although ASOS is taking a “no comment” stance. Topshop/Topman Sky …
By Reuters Published Oct 29, 2023 Fierce rivals Shein and PDD Holdings-owned Temu have applied to end their legal fights with each other in the U.S., documents show, marking a …
Translated by Cassidy STEPHENS Published Oct 27, 2023 The merger between Forever 21 and Shein in August made quite a splash. The ultra-fast fashion giant’s interest in one of the …
The Lithuanian group is reportedly working with the investment bank Morgan Stanley to examine the possibility of issuing 200 million euros worth of shares. A shareholding structure that could precede …
Investors will look for signs that Amazon’s aggressive expansion of same-day delivery services helped increase its third-quarter profit margin by spurring shoppers to place more frequent and bigger orders. Reuters …
By Bloomberg Published Oct 24, 2023 Temu’s transformation over the past year is the stuff of business dreams. Virtually unknown when it launched in the US last September, it’s now …
By Reuters Published Oct 20, 2023 Chinese online fast-fashion retailer Shein plans to start shipping the products it makes in Brazil to other markets in Latin America in 2026, its …
By AFP-Relaxnews Published Oct 19, 2023 Amazon on Wednesday said it hopes to expand drone delivery into Britain and Italy by late next year, as it unveiled new warehouse robots …