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Vietnamese enterprises should prepare to deal with ramifications of the ongoing Ukraine conflict like rising oil prices and long-term impacts of sanctions on Russia, experts say. Diversification of both export and import markets would be a key aspect of the preparation, they add.
China's cross-border e-commerce unicorn SHEIN has made a Singapore firm its holding company, and Chris Xu, SHEIN's founder and CEO, has also become a permanent resident of the city-state.
SINGAPORE - China's Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the matter and a Reuters analysis of filings by the online fast-fashion retailer. Chris Xu, Shein's founder and CEO, has also become a permanent resident of the city-state, according to a document. Shein, which...
SINGAPORE - China's Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the matter and a Reuters analysis of filings by the online fast-fashion retailer. Chris Xu, Shein's founder and CEO, has also become a permanent resident of the city-state, according to a document. Shein, which...
Shein not only aggressively expands its business in Singapore, but also lets its founder to resize permanently in the city-state.