12 h. ago Fast fashion’s quick decline: Asos and Boohoo have that post

Once worth £5bn, Asos dropped out of the FTSE 250 this week and other brands face sharp competition in a tough marketOnce the feared enemy of the high street and worth more than £5bn, the online fashion retailer Asos has seen its value slump as it faces difficulties that could herald the demise of fast fashion.The London-based seller dropped out of the FTSE 250 with a whimper this week, valued at about £320m. Continue reading...

Politics

53 h. ago Shein launches investigation after likeness of alleged killer Luigi Mangione models shirt on its website

The image on the fast-fashion giant’s site appeared to show the man accused of murdering UnitedHealthcare boss Brian Thompson wearing a short-sleeved shirt, priced at £7.50

Events

54 h. ago Shein launches investigation after Luigi Mangione appears to model on fast fashion firm's website

The alleged assassin was pictured beaming in a white, floral-patterned button-up shirt in the image on the Chinese fast fashion website.

Economics

2 w. ago Love Island's Toni Laites, Shakira Khan and Yasmin Pettet wow in avant

For many Love Island stars, departing the villa means a flurry of offers from fast fashion brands, cosmetic lines and fake tan companies vying for a collaboration. 

Politics

2 w. ago Shein mulls China return for Hong Kong listing after London IPO stalls

Fast-fashion retailer considered £50bn float in London but has not received backing from Chinese authoritiesBusiness live – latest updatesThe online fast-fashion retailer Shein is understood to be considering moving its base back to China from Singapore in a move expected to pave the way for a Hong Kong listing rather than a UK one.The business, which was founded in China and moved its headquarters to Singapore in 2022, had been considering a £50bn float in London after failing to win approval from regulators in the US for a New York flotation. Continue reading...

Politics

4 w. ago Major fashion brand slammed with €1m fine for greenwashing practices in back

The online fast fashion retailer, Shein, has been fined by Italy's antirust authority AGCM for "misleading or omissive" environmental claims only one month after a hefty fine from French regulators

Politics