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Forever 21 seeks rent concessions as fast-fashion brand faces financial woes
CNBC· 1 day agoForever 21 is asking landlords for a break on rent as the legacyfast-fashion player's sales decline...
Fast-fashion firms could be penalised for aggressive marketing
Euronews via Yahoo News· 4 days agoEuropean governments are pushing for action on the fast fashion, paving the way for a levies...
Gateway - Quartz
Quartz· 5 days agoIt also notes that...-style marketplace rival Temu, is positioned to become an even larger market force. The State of Fashion 2024 situates Shein and Temu as a so-called “ ...
Why Fast Fashion Giant Shein Is Going Public in London Instead of New York
The New York Observer· 5 days agoShein, the Chinese-founded fast-fashion retailer once valued at $100 billion, is looking to file...
Shein’s CEO is so low-profile that even his own employees don’t recognize him
Fortune via Yahoo Finance· 4 days agoIn 2022, a Bloomberg investigation...loophole in that act: Shein ships its products directly to...
The Real Meaning of ‘Made in China’ and the People Who Suffer the Most
The New York Sun· 6 days agoThe crusading son of Holocaust survivor Elie Wiesel, Elisha Wiesel, is on a mission to disrupt the...
As Shein heads towards IPO, its Chinese billionaire founder stays under cloak of secrecy
South China Morning Post via Yahoo Finance· 5 days agoXu Yangtian, the founder of Chinese-originated fast-fashion shopping app Shein, has deliberately...
Worldview: Why Yoox Net-a-Porter Is Exiting China
The Business of Fashion· 4 days agoYoox Net-a-Porter is shuttering its China business. The luxury e-tailer will liquidate Fengmao, its joint venture with Chinese e-commerce giant Alibaba,...
How woke capitalists’ gravy train came to a juddering halt
The Telegraph via Yahoo Finance· 7 days agoAn independent report subsequently found “endemic” issues. Instances such as this gave rise to a...
Rue21, Macy’s, Red Lobster and 14 other chains closing hundreds of locations in 2024
The Patriot-News· 2 days agoSome companies are closing underperforming stores. Other companies are in the midst of Chapter 11...