Shein will enter Hong Kong Stock Exchange on September 1st
While the textile sector accounts for nearly 10% of global greenhouse gas emissions, these sites are accused by their critics of inundating the environment
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Summary
While the textile sector accounts for nearly 10% of global greenhouse gas emissions, these sites are accused by their critics of flooding the market for low-end products, generating mountains of waste and significant pollution. Distrust of the authorities The e-commerce site offers in more than 150 countries a wide range of products at extremely low prices. Founded in China in 2012 and now based in Singapore, Shein is a figure of the "ultra fast fashion", based on the rapid renewal of collections at very low prices, targeting a young customer on social networks.
Furthermore, The final prize will be announced on August 31 for a start of quotation on September 1. Shein indicated that she wanted to use the funds raised when she was on the stock exchange to finance her technological capabilities and strengthen her international presence. Shein moved her headquarters out of China to escape increased international vigilance over Chinese companies, according to analysts.
In addition, At the end of June, Parliament finally passed a bill to stop the development of ephemeral fashion platforms, of which Shein is one of the main representatives. With this transaction, Shein aims at a stock market value of up to €23 billion. The fast fashion giant announced on Monday that he would be next to the Hong Kong Stock Exchange from September 1.
Moreover, The company is regularly in the collimator of the French authorities in recent months.
Cross-referenced from 4 sources across 2 countries and 2 languages.
Factual coreconfirmed by several independent voices
While the textile sector accounts for nearly 10% of global greenhouse gas emissions, these sites are accused by their critics of flooding the market for low-end products, generating mountains of waste and significant pollution.
reliability low1/2 sourcesDistrust of the authorities The e-commerce site offers in more than 150 countries a wide range of products at extremely low prices.
reliability low1/2 sourcesFounded in China in 2012 and now based in Singapore, Shein is a figure of the "ultra fast fashion", based on the rapid renewal of collections at very low prices, targeting a young customer on social networks.
reliability low1/2 sourcesThe final prize will be announced on August 31 for a start of quotation on September 1.
reliability low1/2 sourcesShein indicated that she wanted to use the funds raised when she was on the stock exchange to finance her technological capabilities and strengthen her international presence.
reliability low1/2 sourcesShein moved her headquarters out of China to escape increased international vigilance over Chinese companies, according to analysts.
reliability low1/2 sourcesAt the end of June, Parliament finally passed a bill to stop the development of ephemeral fashion platforms, of which Shein is one of the main representatives.
reliability low1/2 sources
Reported detailssecondary facts, each attributed to its source
With this transaction, Shein aims at a stock market value of up to €23 billion.
according to Ouest-France — À la UneThe fast fashion giant announced on Monday that he would be next to the Hong Kong Stock Exchange from September 1.
according to Ouest-France — À la UneThe company is regularly in the collimator of the French authorities in recent months.
according to Le Figaro — ActualitésShein so quoterà in Borsa dal 1 settembre.
according to ANSA - Economia +1
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While the textile sector accounts for nearly 10% of global greenhouse gas emissions, these sites are accused by their..
omitted byPublic / Agenciescovered byCenterRight sideThis would allow it to raise up to 13.86 billion Hong Kong dollars (about 1.5 billion euros at the current rate) for a..
omitted byPublic / Agenciescovered byCenterRight sideDistrust of the authorities The e-commerce site offers in more than 150 countries a wide range of products at extremely low prices.
omitted byPublic / Agenciescovered byCenterRight sideFounded in China in 2012 and now based in Singapore, Shein is a figure of the "ultra fast fashion", based on the..
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omitted byPublic / Agenciescovered byCenterRight side