SE:HM.B – The News Desk

Fast-Fashion Giant Shein Files to Go Public

28Nov

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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

27Sep

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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.

H&M Sales Disappoint But Margin Target on Track

15Sep

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World

H&M Sales Disappoint But Margin Target on Track

H&M reported a 6% rise in fiscal third-quarter sales, undershooting forecasts, but said its work toward hitting a 10% operating margin in 2024 was heading in the right direction.

H&M Now Wants to Sell You Makeup, Sofas and Crocs

15Jul

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World

H&M Now Wants to Sell You Makeup, Sofas and Crocs

The retailer is moving further beyond its clothing label, doubling down on beauty products, housewares and selling other brands to draw in more shoppers.