Fashion industry

Shein emissions double those of Zara owner Inditex, despite lower annual sales

The firm has agreed to give backers in some rounds a guaranteed cash payout equal to an 8% annual return

Shein’s last private fundraising round in May 2023 valued it at US$66 billion

Operating profit was flat year on year at 5.91 billion Swedish crowns (S$786.7 million)

LEONARDO Maria Del Vecchio, an heir to the Ray-Ban empire built by his late father, publicly challenged his family’s holding company to back his 10 billion euro (S$14.8 billion) buyout of two siblings...

The 77-year-old sneaker maker is set to be spun off on Jan 1, 2027

The move is aimed at speeding up decision-making and boosting the brand’s global competitiveness

Luxury brands have long drawn inspiration from space travel

Shares of the lingerie retailer have nearly trebled in the past 12 months