Shares of Nykaa, India’s cosmetics-to-fashion platform, made a blockbuster debut valuing the company at close to $13 billion. With the news reaching the market, shares of FSN E-Commerce Ventures, the profit-making parent company that owns the Nykaa brand, soared by… Read More ›
Secondhand clothing retailer ThredUp Inc has filed for a IPO disclosing a bigger than expected full-year loss ahead of its market debut. ThredUp Inc has the backing of Goldman Sachs. According to its filings, ThredUp, which was founded in 2009,… Read More ›
On Wednesday, Britain’s biggest asset manager said, it plans on increasing the number of companies it assess and engages vis-a-vis climate change, in order to accelerate global efforts to move towards a low-carbon economy. In a statement Legal & General… Read More ›
Faced with increased competition from fast-fashion retailers as well as online rivals, PacSun has opted for bankruptcy protection. Pacific Sunwear of California Inc. (PacSun), a teen apparel, has succumbed to increased losses amongst fierce competition in the industry and will… Read More ›
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