“For a retailer without physical stores and a company that is virtually unknown to anyone but their target audience, Shein has utilised social media to reach consumers directly and become arguably the biggest digital clothing retailer,” said Juozas Kaziukėnas, founder of research firm Marketplace Pulse.
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Fed holds interest rates steady – for now
admin, , Business, 0
A three-year pause on student loan payments is also due to expire in coming weeks, while Washington is at...
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Shoppers rein in spending as incomes squeezed
admin, , Business, 0
The share of sales that take place online, as opposed to in physical stores, appeared to have stabilised, the...
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Tata Steel: Port Talbot steelworks gets £500m by UK government
admin, , Business, 0
“At the heart of this failure is the narrow focus on electric arc furnace technology, which will not only...
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Inflation risk from Red Sea disruption, warns economist
admin, , Business, 0
Dr El-Erian, president of Queens’ College, Cambridge and chief economic adviser at financial services giant Allianz, told the BBC’s...
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Firms call for urgent help with energy bills
admin, , Business, 0
The five groups – the British Chambers of Commerce, the Confederation of British Industry, the Federation of Small Businesses,...
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Trump Scottish golf resorts claimed over £3m in furlough
admin, , Business, 0
“Government support was helpful to retain as many jobs as possible, however, uncertainty of the duration of support and...
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New powers sought to stop illegal ticket resales
admin, , Business, 0
George Lusty, the CMA’s senior director for consumer protection, said: “Over recent years, we have taken strong action to...
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Coronavirus: ‘No jab, no job’ policies may be legal for new staff
admin, , Business, 0
“With regards to our staff, we are doing all we can to reassure and encourage those who are a...
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