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Shein's UK revenue hits £1.5bn ahead of anticipated London Stock Exchange IPO
The Chinese-founded online retailer is on track for a bumper IPO on the London Stock Exchange, with its UK arm generating a revenue of £1.55bn for 2023
Shein’s UK Sales Hit $2 Billion Ahead of Possible London Listing
Shein’s UK sales soared to £1.55 billion ($2 billion) last year ahead of the online fashion retailer’s potential initial public offering in London.
Shein’s UK arm surpasses £1.5bn revenue mark
Fast-fashion retailer says pop-up shops and strong consumer demand have boosted its appeal as it targets listing
Shein’s UK sales hit US$2 billion in 2023 as it moves towards London IPO
The fast-fashion giant is set to hold informal investor meetings in the coming weeks for a planned London listing, sources say Shein's British business made 1.55 billion pounds (US$2 billion) in revenue in 2023,
Chinese giant Shein's UK sales top £1.5bn ahead of controversial London float
Shein's meteoric popularity showed no signs of slowing down, according to accounts published for the 12 months to December 31.
Shein Could Face New Hiccup in Proposed London Flotation
Shein faces growing scrutiny in London over imports made from the Xinjiang region in China, which could foil its IPO plans.
Shein UK sales top £1.5bn and profits double
Shein has revealed its sales surpassed £1.5 billion in the UK last year as the fast-fashion retailer continues to cash in on trends and draw in shoppers with low-cost items. Shein’s UK business generated revenues of £1.
12d
Shein Workers Have Had It—and They’re Going Public
Workers have been sharing videos alleging the precarious working conditions that have allowed the Chinese ecommerce giant to ...
5d
Behind Shein: China’s fashion retailer taking the world by storm
China's fast fashion cross-border e-commerce retailer Shein is little known within the country itself but its profile ...
18h
Could Shein set its sights on Asos after putting Boohoo in the shade?
The hierarchy of the UK's fast fashion industry looks to have shifted after Shein's UK sales eclipsed Boohoo's for the first ...
8d
Woman finds worms in Shein package: ‘I could throw up’
A woman claimed she received a package from Shein only to find it contained worms upon opening it. News.com.au how the ...
13d
'Generic, vague, misleading’: Shein investigated by Italian watchdog over greenwashing
However, Italian officials are accusing the company of misleading consumers with claims about the environmental ...
Supply Chain
13d
Italy Opens Probe into 'Misleading' Sustainability Claims on Shein's Website
Italy's antitrust watchdog agency — will focus on the Dublin-based company that operates Shein's website and app.
16h
Disgusted Zara McDermott fights back tears after seeing a CAT being sold on second-hand clothing app Vinted
ZARA McDemott choked back tears after seeing a cat for sale on second-hand clothes app Vinted. The former Love Island and ...
1d
Is it safe to buy from Temu and Shein? Here's what Canada says it's doing to try to protect consumers
As U.S. regulators push for an investigation into what they call "deadly baby and toddler products" from foreign e-commerce ...
The Independent Singapore
12d
Shein Singapore lays off over 20 employees amid restructuring and doubts about London IPO plans
Shein also indicated plans to enhance its operations in Singapore and is actively hiring for various positions.
10d
China’s takeover of Aussie shopping via Temu, SHEIN: What it means for your data, wallet
As the cost of living bites, more and more Australians are turning to Chinese-owned, bargain-priced online shopping sites.
Companies
20h
Shein overtakes Boohoo in UK as it reveals £1.55bn revenue in 2023
Shein’s UK business saw revenue of £1.55bn and pre-tax profit of £24.4m in the year to December 2023 ahead of an expected IPO ...
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