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Bus stop advertising for Chinese fashion company Shein on 4th May 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Fast fashion giant Shein’s troubles continue to mount after its much anticipated London initial public offering (IPO) reportedly hit a fresh roadblock. The e-commerce behemoth is now aiming for a Hong … Read more
Former Rep. Barbara Lee, D-Calif., defeated former Oakland City Council member Loren Taylor in Oakland’s special election for mayor, following months of uncertainty for the struggling city. While Taylor made inroads as a relative political outsider with campaign finance reports revealing he outraised the career California politician, Lee was ultimately triumphant following Friday’s ranked choice … Read more
A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024. Bloomberg | Bloomberg | Getty Images French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label. The high-end fashion group, whose brands … Read more
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