China-founded fast-fashion retailer Shein is planning to confidentially file a draft prospectus for an IPO in Hong Kong in the coming days, which would mark the third venue the company has sought to debut in, Reuters reported. The move to apply confidentially is rare in Hong Kong, where companies generally make such filings public. Shein…
SHEIN-Reliance Partnership: चीनी ई-कॉमर्स कंपनी शीन (SHEIN) और मुकेश अंबानी की कंपनी रिलायंस रिटेल भारत में अपने सप्लायर बेस का दायरा बढ़ाने और भारत में बने शीन ब्रांड के कपड़ों को दुनिया भर में बेचने का प्लान बना रहे हैं. यह काम अगले 6-12 महीनों में शुरू हो सकता है. अपनी सोर्सिंग बढ़ाना चाहती है…
Americans, it seems, are becoming the biggest victims of Donald Trump’s tariff war against foreign countries, including India. Trump’s move has boomeranged, and American buyers will be paying more as companies pass on the higher cost of imports to consumers. From groceries to everyday items like diapers, detergents, toilet paper and clothes to toys, gaming…
A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and filling customs forms is closing on Friday. Prices have already gone up. Orders for many imported goods from retailers like Shein and Temu could dwindle as consumers balk at the higher prices…
WASHINGTON: Kash Patel, President Donald Trump’s pick to lead the FBI, holds more than $1 million of stock in a fashion company founded in China. He established a nonprofit that spent big on promotion but little on its mission. And he advised a roster of foreign clients, including a Czech arms maker that top Republicans…
Shein, which was founded in China, has restarted its India operations in partnership with Mukesh Ambani-led Reliance Industries. It was banned in 2020 on security fears. Now based in Singapore, Shein’s mobile app and India website, were launched without any fanfare last week by NextGen Fast Fashion – a wholly-owned subsidiary of Reliance Retail Ventures…
2020 में गलवान घाटी में हुई हिंसक झड़प के बाद भारत और चीन के बीच विवाद बढ़ गया था. तब भारत सरकार ने लगभग 50 चीनी ऐप्स को बैन किया था. इनमें से एक ऐप Shein भी थी, जो करीब 5 साल बाद अब वापस लौट आई है. अरबपति मुकेश अंबानी की रिलायंस रिटेल ने…