Shein is eyeing a valuation rivalling H&M. Will the market buy it?

Shein is eyeing a valuation rivalling H&M. Will the market buy it?

SCMP

Online fast-fashion platform Shein believes it deserves a premium valuation comparable to that of industry peers like H&M, citing its business model and global customer base as major competitive advantages, according to internal documents seen by the South China Morning Post. Shein cited analysts who said the market should view the company as a global fashion giant similar to Zara’s parent company...

Shein eyes a valuation rivalling H&M. Will the market buy it?

Shein eyes a valuation rivalling H&M. Will the market buy it?

SCMP

Online fast-fashion platform Shein believes it deserves a premium valuation comparable to that of industry peers like H&M, citing its business model and global customer base as major competitive advantages, according to internal documents seen by the South China Morning Post. Shein cited analysts who said the market should view the company as a global fashion giant similar to Zara’s parent company...

Spain's World Cup final hero Ferran Torres closes in on PSG transfer

Spain's World Cup final hero Ferran Torres closes in on PSG transfer

France 24

Paris Saint-Germain have reached an agreement with Barcelona to sign Ferran Torres, according to reports in French and Spanish outlets on Thursday evening. The forward, who scored the match-winner for Spain in the World Cup final, is expected to sign with the European champions for around €50 million.

Iris Murdoch artworks from secret room go on display – including self-portrait

Iris Murdoch artworks from secret room go on display – including self-portrait

The Guardian

Second world war paintings and sketches show novelist ‘engaging with her world in a new light’For decades, they lay in a secret room in her attic gathering dust. Now, newly discovered artworks by the Booker prize-winning author Iris Murdoch – including the only self-portrait she is known to have painted, four surrealist landscape paintings and three sketches of female nudes – will go on display fo...

Family’s bankruptcy drives US-graduated Chinese student to become acclaimed chef

Family’s bankruptcy drives US-graduated Chinese student to become acclaimed chef

SCMP

A former wealthy Chinese student in the US transformed her life into that of a private chef after her family faced bankruptcy, establishing a business that now earns her up to US$118,600 annually. The 31-year-old woman, known by the pseudonym Chengzi, attended the New York Film Academy before completing a master’s degree in Britain. She once lived in downtown Manhattan, aspiring to break into Holl...

Malaysian F1 fans vent fury over sales process, organisers cite ‘high traffic’

Malaysian F1 fans vent fury over sales process, organisers cite ‘high traffic’

SCMP

Malaysian Formula One (F1) fans hoping to catch the sport’s one-off return to Sepang International Circuit (SIC) after almost a decade are facing a frustrating race of their own, with many complaining of confusing ticketing arrangements and broken links. Tickets for the Formula One Gulf Air Bahrain Grand Prix, to be held at Malaysia’s Sepang International Circuit from October 2 to 4, went on sale ...