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Shein business model: Into fashion's top 15 at a 70 percent discount
Shein will become the fourteenth most valuable listed fashion company in the FashionUnited Top 100 index when it starts trading on the Hong Kong stock exchange on September 1, 2026, at a market capitalisation of up to 26.80 billion dollars. That places the Singapore-headquartered, China-founded retailer directly below Sweden's H&M and above US...
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Old Navy appoints new CEO as Gap addresses underperformance in Q2
US specialty apparel giant Gap Inc. announced its second quarter financial results for the period ended August 1, 2026. The company experienced a top-line decline, with net sales decreasing 2 percent year-over-year (YoY) to 3.7 billion dollars, while comparable sales dropped 1 percent. Store sales fell 3 percent compared to the prior year across...
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