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R|T: The Retail Times – Shein seeks China's green light to IPO

Plus: Shares drop after Lightspeed beats Q3 guidance and Shopify hikes prices. ....

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R|T: The Retail Times – How Shopify goes after enterprise brands

Plus: eBay and Flexport plan more staff cuts. ....

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Red Sea Auto Export: Houthi attacks in the Red Sea are idling car factories and delaying new fashion. Will it get worse?, ET Auto

Red Sea Auto Export: Electric carmaker Tesla has to shut down its factory near Berlin from Monday to Feb. 11 because of shipment delays. The Chinese-owned Swedish car brand Volvo idled its assembly line in Ghent, Belgium, where it makes station wagons and SUVs, for three days this month while waiting for a key part for transmissions. Production at a Suzuki Motor Corp. plant in Hungary stopped for a week because of a delay in getting engines and other parts from Japan. ....

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Flexport to Slash 20 Percent of Staff—Again

Days after announcing a $260-million investment from Shopify, the freight forwarder is headed for mass layoffs. ....

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Flexport plans to lay off 20% of workforce, say insiders

Digital freight forwarder Flexport reportedly may let go of a large part of its staff after closing on $260 million in funding from Shopify. The post Flexport plans to lay off 20% of workforce, say insiders appeared first on FreightWaves. ....

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