Shein shares fall 10% amid urgent recall of contact-lens cleaner by Australia, New Zealand
Shein's Hong Kong-listed shares fell as much as 10%, amid news that a contact lens product has been recalled urgently due to worries of contamination.


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Shein's Hong Kong-listed shares fell as much as 10%, amid news that a contact lens product has been recalled urgently due to worries of contamination.

Shein's Hong Kong IPO puts the focus on how the fast-fashion retailer can reaccelerate growth as its low-cost model faces new pressures.

Shares in fast-fashion online retail giant Shein have begun trading on Hong Kong's stock exchange after a long delay

The fast-fashion giant's stock slumped after four years of public backlash over labor and ethical concerns.
Hong Kong flotation at $26bn by firm once valued at $100bn follows failure to list in US and UKShares in the fast-fashion brand Shein slumped by as much as 10%…

Shein just went public at about 25% of its peak valuation
Shein made its Hong Kong market debut on Tuesday after years of attempts to go public.

Squeezed by new trade rules, shrinking market share and labor concerns, Shein's share decline in Hong Kong on Tuesday is a sign investors have moved on.

The firm's Hong Kong listing on Tuesday comes after a years-long quest to sell shares in New York and London.

Chinese markets are booming with new public share listings driven by the craze for artificial intelligence

The Chinese e-retailer is listing for a quarter of the $100bn at which it was once valued
Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday.

Known for selling cheap clothing, the online retailer has seen its value drop sharply from earlier estimates amid scrutiny over its environmental footprint. Sh…

The fast-fashion giant's shares are due to start trading in Hong Kong on 1 September.

The fast-fashion giant is targeting a listing in Hong Kong by Sept. 1. It's been trying to go public for four years.
Facing pressure in the United States and Europe, Shein is struggling to find new ways to grow ahead of its much-delayed initial public offering.

Shein has won over consumers with its low prices but is now seeing shoppers flee after new tariffs and changing regulations forced it to raise prices.

Shein disclosed the FTC is investigating its U.S. business, but the nature of the probe is unclear.

The announcement comes as the fast fashion giant prepares for its stock market debut in Hong Kong.

The retailer won approval from China for its Hong Kong listing on July 10, clearing the way for a listing after failed attempts in New York and London.

AI grifters are creating fake Black people to sell Shein junk

Michael Preysman, who ran the brand for a decade, can't believe what happened to the company he built. Can he start over?

Shein acquiring Everlane feels like the end of the millennial sustainable fashion dream
The acquisition struck many people as a bizarre mismatch, but it's really a sign of where Chinese ecommerce giants are already going.

Everlane CEO confirms sale in letter to employees and says it will stay true to 'sustainability' commitments. Everlane, the retailer that bucked the fast-fashi…

Everlane's finances have faltered in recent years. But will the merger alienate Everlane's existing shoppers - or sway droves of Shein fans to trade up?
Everlane is reportedly being sold to Shein. Depop was sold at a markdown. Allbirds is now an AI company. Sustainable fashion is getting less sustainable.
Fast-fashion giant Shein is about to get even bigger. Over the weekend, the Chinese-owned retailer approved plans to buy American brand Everlane for $100 milli…

His speech follows years of the firm focusing away from China as it moved its headquarters to Singapore.

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