Fashion

ASOS £135m Topshop sale was agreed despite higher bids

Posted by September 9, 2024

News last week that ASOS was selling a 75% stake in Topshop and Topman for £135 million showed the e-tailer making loss on the deal. But what it didn’t sa

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Woolworths aims to finally build on better fashion offering

Posted by September 5, 2024

By Bloomberg Published Sep 5, 2024 Woolworths Holdings Ltd. is selling more clothes at full price at its South African clothing unit even as inter

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Former EU Commissioner said to be among Shein’s lobbyists

Posted by August 30, 2024

Translated by Nicola Mira Published Aug 30, 2024 Former EU commissioner Günther Oettinger ranks among Chinese ultra-fast-fashion specialist Shei

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Shein reveals child labour cases as it steps up supplier…

Posted by August 23, 2024

By Reuters Published Aug 23, 2024 Fast fashion retailer Shein found two cases of child labour at its suppliers last year, it said in its 2023 sust

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Seoul authorities find toxic substances in Shein and Temu products

Posted by August 15, 2024

By AFP-Relaxnews Published Aug 15, 2024 (AFP) - Women's accessories sold by some of the world's most popular online shopping firms contained toxic

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Zalando to open tech site in China; no current plans…

Posted by August 6, 2024

By Reuters Published Aug 6, 2024 Zalando said on 6 August it would open a new tech site in China's tech-hub Shenzhen, but it was not planning to e

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Zalando’s profit boosted by sports offering, improved inventory

Posted by August 6, 2024

By Reuters Published Aug 6, 2024 Online fashion marketplace Zalando reported an 18.5% rise in its operating profit for the second quarter on Tues

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Thrifty shoppers throng as Shein opens first pop-up store in…

Posted by August 5, 2024

By Reuters Published Aug 5, 2024 Reneilwe Malahlela was one of almost a hundred shoppers queuing at the opening of Shein's first pop-up store in S

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Amazon says consumers cautious, forecasts revenue below Wall Street targets

Posted by August 2, 2024

By Reuters Published Aug 2, 2024 Amazon.com reported slowing online sales growth in the second quarter and said cautious consumers were seeking ou

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Mary Portas urges government to block Shein London IPO

Posted by July 16, 2024

UK retail consultant Mary Portas has called on the new government to block a proposed London stock market listing by fast-fashion retail giant Shein.Known in

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Shein launches €250m fund in the UK and EU

Posted by July 10, 2024

Shein launches €250m fund in the UK and EU | Fashion

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Shein pledges to invest in UK and Europe ahead of…

Posted by July 9, 2024

By Reuters Published Jul 9, 2024 Fast fashion retailer Shein said it would invest 250 million euros ($271 million) over five years in the UK and E

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