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France Fines Boohoo $2.7 Million Over Misleading Discounts
BusinessWorld

France Fines Boohoo $2.7 Million Over Misleading Discounts

France's consumer watchdog has fined British fast-fashion retailer Boohoo €2.3 million ($2.69 million) for deceptive practices, including misleading discounts and improper product labelling....

Shein Targets $30 Billion–$40 Billion Valuation for Hong Kong IPO
WorldBusiness

Shein Targets $30 Billion–$40 Billion Valuation for Hong Kong IPO

Fast fashion retailer Shein is seeking a valuation of between US$30 billion and US$40 billion for its planned initial public offering (IPO) in...