Featured US online sales surge on Black Friday Aya Anwar Dec 1, 2024 0 US Black Friday retail spending showed mixed results, with brick-and-mortar stores seeing only a 0.7 per cent…
Featured EU plans to impose duties on cheap Chinese goods Aya El Sayed Jul 3, 2024 0 The European Union (EU) is preparing to introduce customs duties on low-cost goods purchased from Chinese online…
Money Shein profits double to over $2bn in ’23 Nada Ali Mar 31, 2024 0 Shein, an online fast-fashion retailer, has more than doubled its profits of $2 billion in 2023 and is awaiting…
International News Shein seeks $90 billion valuation in IPO Nada Ali Nov 7, 2023 0 Fast-fashion giant Shein is preparing for a U.S. initial public offering (IPO), aiming for a valuation as high as…
Industry & Trade Temu files US antitrust law violation lawsuit against rival Shein Yassmine Elbehnaihy Jul 19, 2023 0 Chinese e-retailer, Temu, has filed a lawsuit accusing its rival, Shein, of violating US antitrust laws on Friday.
Industry & Trade SHEIN plans to establish factory in Mexico Norhan Adel May 24, 2023 0 Acquainted sources said SHEIN, the giant fast-fashion manufacturer, plans to establish a factory in Mexico, Reuters…