Chinese retailers’ retreat threatens Big Tech advertising revenues
FCA’s preliminary approval comes as the fast-fashion company faces challenges from Trump’s tariffs
Ecommerce platforms were already facing closure of duty-free loophole for parcels from China
Donald Tang says management of fast-fashion retailer has yet to discuss price tag ahead of long-planned flotation
Competition from Temu adds to pressure on fast-fashion group’s valuation as it seeks approval for UK listing
Fast fashion group was targeting London listing in first half of 2025
Controversial official discloses stock in owner of Chinese fast-fashion retailer that has been accused of forced labour
Also in this newsletter, using AI to preserve ancient texts, and how Delhi polled
Brussels to examine whether Chinese-founded fashion group that is targeting London listing is selling illegal goods
What if, instead of being surprised when an item survives a few years, we shopped only for things that will last?
Trade committee chair Liam Byrne writes to FCA and London Stock Exchange after questioning of fast-fashion group
Online fast-fashion retailer refuses to answer questions about whether it uses cotton from China’s Xinjiang region
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checks
Financial Conduct Authority values disclosure over ‘corporate behaviour’, says Nikhil Rathi
The risks in the business and governance of the fast-fashion group do not justify rejecting a UK listing
Business select committee intends to summon fast-fashion brands over workers’ rights as soon as January
The group is one of the sector’s top performers partly because of its ability to learn from mistakes
Fast-fashion retailer says pop-up shops and strong consumer demand have boosted its appeal as it targets listing
Sky Xu’s pitch comes as fast-fashion group still awaits regulatory approvals
Thousands of factories depend on the retailer but rivals are putting pressure on a model based on speed and thin margins
Labour MP calls for UK government to ban imported products made by forced labour in Chinese region of Xinjiang
Rise of Chinese company has hurt Asos and Boohoo but many problems are of their own making
Factory workers are deserting the garment industry as the population ages
FCA must balance Britain’s governance reputation against boon for City that blockbuster listing would bring
Plus, a profile of Shein’s spokesperson-in chief and why the world’s biggest electric vehicle battery maker is tapping wealthy families for cash
