The annual revenue of Chinese fast-fashion giant Shein is reportedly more than $30 billion. The annual revenue of Chinese fast-fashion giant Shein is more than $30 billion, according to Jamie Salter, the founder and CEO of Authentic Brands Group, a key retail partner of Shein.
Industry
Microsoft Surpasses Apple as World’s Most Valuable Public Company
Microsoft has emerged as the most valuable publicly traded company, outpacing Apple. In a significant shift of financial standings, Microsoft emerged as the most valuable publicly traded company on Friday after briefly outpacing Apple during intraday trading Thursday.
Oil Prices Surge After US, Britain Strike Back at Houthi Rebels in Yemen
Oil prices jumped 2% on Friday as the United States (US) and Britain launched air and sea strikes in Yemen against the Houthi militants.
US SEC Approves Spot Bitcoin ETFs a Day After Its 'Hacked' X Account Prematurely Shared Such News
The US Securities and Exchange Commission (SEC) has approved the trading of spot bitcoin exchange-traded funds (ETFs) in the country.
Joe Biden to Replace Trump-Era Rule That Makes It Easier for Companies to Classify Workers as Independent Contractors
The administration of President Joe Biden is set to release new guidelines that will provide additional protections to gig workers or independent contractors.
Latest News
Boeing is now facing renewed regulatory scrutiny following a mid-air blowout involving one of its Boeing 737 Max 9 jets.
US cryptocurrency exchange Coinbase is making strategic moves to introduce crypto-linked derivatives in the European Union (EU) by acquiring a company with a license to do so.
Two private companies are gearing up to propel the United States back into lunar exploration. Two private companies are gearing up to propel the United States back into lunar exploration more than five decades after the Apollo program concluded, according to a report by AP.
Private payrolls in the United States surged significantly in December 2023, according to ADP. Private payrolls in the United States surged significantly in December 2023, exceeding expectations and concluding a robust year for the nation's job market, according to the latest report from ADP.
Peloton has recently announced a collaboration with TikTok, creating a new fitness hub named "#TikTokFitness Powered by Peloton."
General Motors (GM) marked a significant achievement in 2023, reporting a 14.1% increase in U.S. vehicle sales.
Australian brand manufacturer Hiro Brands has entered voluntary administration, leaving 120 employees jobless.
Oil prices surged over 3% on Wednesday following a warning from the US regarding Houthi militants' activities in the Red Sea.
ValueAct and Blackwells back Disney in boardroom battle against activist Trian Fund Management's challenge.
