Tag: HM-B.SK

Fast-Fashion Giant Shein Files to Go Public
Money

Fast-Fashion Giant Shein Files to Go Public

Updated Nov. 27, 2023 7:11 pm ETShein, the China-founded online fashion company that won over hundreds of millions of shoppers around the world, has confidentially filed to go public in the U.S. in what could be one of the biggest IPOs in years. Goldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the offering, which could happen in 2024, people familiar with the matter said. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
H&M Earnings Beat Forecasts
World

H&M Earnings Beat Forecasts

H&M posted earnings of SEK3.3 billion in the third quarter, with inventory efficiencies boosting cash flow, and said its goal of an operating margin of 10% during 2024 remained.