Shein inks deal to design, distribute Forever 21 apparel line
Shein has signed a strategic agreement with brand development platform Authentic Brands Group's Forever 21 brand.
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Shein has signed a strategic agreement with brand development platform Authentic Brands Group's Forever 21 brand.
Stocks in London are expected to start the week on a more optimistic note, as investors look ahead to central bank decisions and weigh up the potential risk from developments in the Middle East....
The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. ---------- SMALL-CAP - WINNERS ---------- Asos PLC, up 2.8% at 396.42 pence, 12-month range...
LONDON (Reuters) -Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley's Frasers, the e-commerce giant's first purchase of a British brand. Frasers said on Monday Shein would acquire the intellectual property and trademarks of Missguided, while Frasers would retain its real estate and employees which have now been integrated into Frasers' fashion division. Financial details of the deal were not disclosed but Frasers said the transaction had enabled "exciting discussions" with Shein regarding opportunities for potential coll...
Stock prices in London opened higher on Monday, as investors anticipated the week's central bank meetings, and considered the latest events in the Middle East. The FTSE 100 index opened up 50.75...