Wednesday, May 29, 2019

Apple and Nike brace for China’s wrath after Huawei ban

President Donald Trump’s decision to blacklist Huawei, while also threatening bans on other Chinese technology companies, could open the door to retaliation against US brands like Apple and Nike http://bit.ly/2EDSJRz https://ift.tt/eA8V8J

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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...