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Fast fashion retailer Shein hikes prices ahead of IPO

UPDATE 1-Fast fashion retailer Shein hikes prices ahead of IPO Average price of a dress on Shein jumps by 28% in U.S. Price hikes aimed at boosting revenue and profit Higher prices also driven by external brands like Skechers Adds embedded graphics within text By Helen Reid LONDON, June 13 (Reuters) - Fast fashion retailer Shein, known for its China-made $5 tops and $10 dresses, has hiked prices by over a third on some core products, in a move likely to boost revenues ahead of its planned IPO, a
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Spanish stocks - Factors to watch on June 13

Spanish stocks - Factors to watch on June 13 June 13 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: INDITEX ITX.MC Around 1,800 workers at one of Zara owner Inditex's main logistics centres in Spain will get a direct pay increase totalling 12% over the next three years plus additional compensation under a preliminary deal unions said they had reached
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Fast fashion retailer Shein hikes prices ahead of IPO

Fast fashion retailer Shein hikes prices ahead of IPO Average price of a dress on Shein jumps by 28% in U.S. Price hikes aimed at boosting revenue and profit Higher prices also driven by external brands like Skechers By Helen Reid LONDON, June 13 (Reuters) - Fast fashion retailer Shein, known for its China-made $5 tops and $10 dresses, has hiked prices by over a third on some core products, in a move likely to boost revenues ahead of its planned IPO, according to an analysis of its pricing strat
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Workers at Inditex's Zaragoza logistics hub to get 12% pay rise

Workers at Inditex's Zaragoza logistics hub to get 12% pay rise MADRID, June 12 (Reuters) - Around 1,800 workers at one of Zara owner Inditex's main logistics centres in Spain will get a direct pay increase totalling 12% over the next three years plus additional compensation under a preliminary deal unions said they had reached with the company. Inditex declined to comment on the preliminary deal reached on Wednesday.
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Shein's pre-IPO charm offensive hits roadblocks in Europe

RPT-Shein's pre-IPO charm offensive hits roadblocks in Europe Repeats June 7 story, text unchanged By Helen Reid and James Davey LONDON, June 7 (Reuters) - As online fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain, pushback is growing too from Europe's retail industry and lawmakers. As citizens of 27 countries vote in European Union elections, European manufacturers of fabric, clothes, leather goods and shoes this week called on future EU policymakers to protect the 1
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