Tag: shein
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Shein loses UK copyright lawsuit against rival Temu in key e-commerce ruling
LONDON: Online fast-fashion platform Shein on Thursday (Aug 13) lost its London lawsuit against rival Temu over alleged copyright infringement, in a ruling that could be beneficial for online marketplaces hosting third-party sellers.The ruling, which comes as Shein aims for a more than US$30 billion valuation
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Shein loses UK copyright lawsuit against rival Temu over photos of clothing
LONDON, Aug 13 : Online fast-fashion platform Shein on Thursday lost its London lawsuit against rival Temu for alleged copyright infringement in relation to photos of some of its products.The ruling, which comes as Shein aims for a $30 billion to $40 billion valuation in a Hong Kong initial public offering, c
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Shein’s slowing growth tests investor appetite ahead of Hong Kong IPO
HONG KONG/LONDON, Aug 12 : Even after cutting its expected IPO valuation to $30 billion to $40 billion from a near $100 billion private market peak, Shein faces questions over whether slowing growth, rising costs and changing market conditions justify that price tag.Five investors who attended presentations o
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Exclusive-Shein seeks $30-$40 billion valuation for August Hong Kong IPO, sources say
LONDON/HONG KONG, Aug 4 : Shein is seeking a valuation of $30 billion to $40 billion in a Hong Kong initial public offering (IPO) that the online fast-fashion retailer plans to launch as early as mid-August, three people familiar with the matter said.Shein started pre-deal investor meetings last week, one per
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Shein proposes cash payouts, more shares for late-stage investors ahead of IPO
Aug 3 : Shein is considering lowering the cost of investment for some late-stage investors as the fast-fashion retailer pursues an IPO at a lower valuation, according to filings with the Hong Kong Stock Exchange. The company may offer payouts to early investors as well as more shares with lower conversion pri
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Shein weighs cost reset for late-stage investors ahead of Hong Kong IPO, Bloomberg News reports
Aug 3 : Shein is considering lowering the cost of investment for some late-stage investors as the fast-fashion retailer pursues a Hong Kong IPO at a lower valuation, Bloomberg News reported on Monday, citing people familiar with the matter.The company may offer a mix of cash payouts and additional Class B sha
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Shein swings to $99m loss as Donald Trump’s tariffs hit sales
The announcement comes as the fast fashion giant prepares for its stock market debut in Hong Kong.
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China warns of retaliation over French law to curb fast fashion
BEIJING: China warned on Wednesday (Jul 22) of potential retaliation over a French law aimed at curbing the rise of fast fashion, slamming the regulation as “discriminatory” and in violation of trade principles.The bill,
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