Shein set to miss out on FTSE 100 spot as industry body flags concerns

Date:

Shein is said to be valued at $66m (£52m), and surpassed $2bn (£1.6bn) profit on sales of $45bn (£35bn) last year.

Fast-fashion giant Shein is set to miss out on a place in the FTSE 100, according to reports, as the incoming mega listing continues to spark debate in the City.

The Sunday Times reported that the number of shares set to be sold by the Singapore-headquartered fast-fashion giant “will fall short of the minimum required to qualify for inclusion in FTSE…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...