BusinessMember
Shein and Everlane: how an 80 million dollar acquisition serves a 27 billion dollar IPO strategy
A few hours after launching its initial public offering in Hong Kong, Shein faces a new complication in the US. The acquisition of Everlane, completed in May for 80 million dollars, is now under review by the CFIUS. Even more unusually, it was Shein who voluntarily requested this review after the deal was completed. This move can be seen as an...
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Fashion |Opinion
August is when fashion pretends to stop
There is a particular point in August when fashion appears to disappear. In Italy, the middle of the month is marked by Ferragosto, the great summer exodus. Cities empty, offices close and the coast becomes the centre of gravity. Across Europe, from the islands of Greece and Spain to the French Riviera and the cliffs of Cornwall, the same ritual...
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