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Shein
Sources: Shein's Profit Plummets
Criticized fashion giant Shein's profit plummeted by nearly 40 percent in 2024, reports Financial Times, citing sources close to the newspaper. Behind the decline lies, among other things, a sharply increased competition from Chinese Temu, which has also specialized in selling low-price goods worldwide.
Fashion Giant Tops Blacklist
Over 300 companies have been put on Råd & Rön's blacklist – which is more companies than ever before. .
"Women First" as H&M Aims to Boost Sales
The road to increased sales for H&M goes via female consumers. Now the company is taking on the competition through social media and influencers.
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