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Tag: Shein and Chinese Tech Unicorns Navigate IPO Landscape Amid Regulatory Challenges

WHP Global and Fashioncenter GmbH Team Up to Elevate LOTTO® Brand in Central Europe’s Lifestyle Market

WHP Global and Fashioncenter GmbH Team Up to Elevate LOTTO® Brand in Central Europe’s Lifestyle Market

News, Global
WHP Global and Fashioncenter GmbH Team Up to Elevate LOTTO® Brand in Central Europe's Lifestyle Market WHP Global, a major brand management company and owner of the renowned LOTTO® brand, has entered into a significant long-term license agreement with Fashioncenter GmbH, a subsidiary of the Schmidt Group based in Norderstedt, Germany. This collaboration aims to expand the presence of LOTTO® in the Central European market, focusing on lifestyle footwear and sports fashion apparel in Germany and Poland. Fashioncenter GmbH, previously entrusted with the Kappa brand license, will now handle product development and distribution for LOTTO®, working closely with Lotto Sport Italia S.p.A. ("LSI"), the operator of core performance categories for the brand in Europe. The partnership anticipat...
Shein and Chinese Tech Unicorns Navigate IPO Landscape Amid Regulatory Challenges

Shein and Chinese Tech Unicorns Navigate IPO Landscape Amid Regulatory Challenges

News, Fast Fashion News, Global
Shein and Chinese Tech Unicorns Navigate IPO Landscape Amid Regulatory Challenges A select group of Chinese technology start-ups, including the highly anticipated Shein, are gearing up for initial public offerings (IPOs) in 2024 or early 2025, with a notable preference for Hong Kong listings. According to market intelligence firm CB Insights, Shein, a China-founded e-commerce giant and the world's second-highest valued tech start-up, is expected to make its trading debut within the next 12 to 18 months. While six other mainland Chinese companies are also on the IPO radar, the total count pales in comparison to the 153 potential IPOs from the United States and 31 from India, based on CB Insights data. The challenging regulatory landscape and strained global economic relations have promp...