Sheinbaum stated that the security strategy continues to function and efforts are underway to strengthen it.

The Chinese company Shein is finally set to launch on the stock market, seeking to raise approximately 1.5 billion euros, with its valuation expected to reach up to 27 billion dollars.

Claudia Sheinbaum has emphasized the need for honesty in the replacement for Rocha Moya and called for ensuring governability in Sinaloa.

China-founded fast-fashion giant Shein has voluntarily initiated a review by the Committee on Foreign Investment in the U.S. regarding its $80 million acquisition of Everlane, completed in May.

The Sinaloa Congress has approved Governor Rubén Rocha Moya's request for a new leave of absence, prompting preparations for the election of an interim governor. The decision has sparked discussion among legal experts regarding the conditions for his potential return to office.

Sinaloa Governor Rubén Rocha Moya, who is facing US drug charges, abruptly sought leave just one day after returning to office, following pointed remarks from Mexico's President Claudia Sheinbaum.

Claudia Sheinbaum inaugurated the National Agrarian Attention Center, dedicating it as a tribute to the struggles of the Mexican people.

Claudia Sheinbaum, despite experiencing flu symptoms, is working remotely to review the advancements of the Universal Health Service, demonstrating her continued commitment to public health initiatives.

A new fee on small packages from China has rapidly changed Swedes' shopping habits from platforms like Temu and Shein, with fresh figures showing a clear trend break and a detail in the fee potentially making some purchases unexpectedly expensive.

Claudia Sheinbaum held a call with Mark Carney, where they both agreed on the importance of renewing the T-MEC trade agreement as soon as possible. This indicates a focus on strengthening economic ties.

Sheinbaum dismissed any communication with the US ambassador regarding a letter from Andy López to Trump, reiterating her refusal to discuss the matter further.

Claudia Sheinbaum has described the arrest of Fausto Corrales as 'relevant,' stating it will help clarify the homicide of Cuén Ojeda.

Media coverage of President Sheinbaum is predominantly focused on security issues.

This Bloomberg segment covers significant corporate transactions, including Mark Walter's pursuit of new deals and Shein's preparations for its initial public offering.

Claudia Sheinbaum highlighted Omar García Harfuch's dialogue with the DEA, emphasizing the importance of the world knowing Mexico's actions in security matters.

An opinion piece discusses the proposal for President Claudia Sheinbaum to nationalize the controversial Gelman Collection of Art in Mexico, with a rebuttal offered to the original proponents.

Mexican President Sheinbaum announced that fuel smuggling in the country has been eradicated thanks to her administration's efforts, also commenting on recent U.S. visa revocations.

An investment of $10,000 in Oklo stock at its peak is now worth approximately $2,300, indicating a substantial decline in its value.

August's major China IPOs, featuring Unitree and Shein, illustrate how the current enthusiasm for AI is overshadowing traditional e-commerce giants in the market.

An open letter to President Sheinbaum urges the expropriation and nationalization of the significant Gelman Collection, drawing parallels to Mexico's historic 1938 oil expropriation.

Mexico's President Sheinbaum criticized the United States' cancellation of visas for Mexican political figures, calling it interference in Mexico's internal affairs.

Mexican presidential candidate Claudia Sheinbaum discussed the 'political meaning' behind the revocation of US visas for Morena officials, denied allegations against AMLO's son, and shared new deportation figures from Trump's second term during her Friday press conference.

Online fast-fashion platform Shein believes its business model and extensive global customer base justify a premium valuation on par with industry leaders like H&M, according to internal documents.

Online fashion retailer Shein has announced plans to increase prices for its products in the European Union. This move is intended to offset the rising costs associated with tariffs.

Mexico reported an average of 42.5 homicides per day in July, marking a 51% reduction compared to September 2024, the final month of Andrés Manuel López Obrador's presidency.

Fast-fashion giant Shein is reportedly listing in Hong Kong, prompting discussions about whether the global market has moved on from its initial hype.

Fast-fashion retailer Shein is reportedly pitching its initial public offering to investors at a valuation below $30 billion, a significant drop from its peak valuation four years ago.

Chinese fast-fashion giant Shein has reportedly failed in its attempt to move part of its production operations to Vietnam. The company has now withdrawn its plans for the relocation.

Shein's valuation has plummeted by 78% on its challenging journey towards an initial public offering, with Bloomberg Intelligence now estimating its value between $22 billion and $25 billion, down from nearly $100 billion in 2022.

Fast-fashion giant Shein has reportedly decided to scale back its warehouse operations in Vietnam and shift its focus back to China after its experiment in the Southeast Asian country proved disappointing. This move highlights challenges in global supply chain diversification.

Cardinal Pietro Parolin, a Vatican envoy, visited Mexico, met with President Sheinbaum to discuss a papal visit, and presided over a Mass at the CDMX Basilica, calling for prayers for Mexico's missing persons and 'searching mothers.'

Mexico President Claudia Sheinbaum's approval rating saw a significant jump in July, coinciding with inflation cooling to a five-year low and improved economic expectations.

CBS Media Ventures has announced September premiere dates for several new and returning syndicated series, including 'The Drew Barrymore Show,' Judy Sheindlin’s 'Adam’s Law,' and 'Hot Bench.'

A newsletter reports that more than half of Slovaks, particularly millennials aged 30 to 45, frequently shop on international e-commerce platforms like Temu and Shein, with many ordering at least once a month.

Shein's recent valuation has prompted a sobering assessment of its market position, leading to questions about the necessity and timing of a potential initial public offering.

Fast-fashion giant Shein is reportedly aiming for a valuation between $30 billion and $40 billion for its upcoming initial public offering (IPO) in Hong Kong.

U.S. psychologist Jonathan Haidt spoke at Mexico's 'mañanera,' calling children's social media and touchscreen use a 'public health problem' and advocating for parents to delay phone access until at least age four to six.

An analysis by consumer protection organizations has found that inexpensive sunscreens sold on platforms like Temu, Aliexpress, and Shein provide minimal protection and may even be dangerous.

The US federal government is investigating Chinese fast-fashion giant Shein over its labor practices, with the company disclosing the possibility of significant fines.

Online fashion retailer Shein has disclosed that it is currently under investigation by the Federal Trade Commission (FTC). The nature of the investigation was not immediately detailed, but it marks a significant regulatory development for the company.

Shein, the world's third-largest fashion group, is attempting to go public for the third time, despite facing challenges with slow growth and low profits.

Fast-fashion giant Shein is expected to encounter difficulties in justifying its ambitious valuation of up to $50 billion for its initial public offering in Hong Kong.

Mexico has reported the killing of 14 mayors since President Sheinbaum took office, with the latest victim, Temoac Mayor Valentín Lavín Romero, shot dead inside town hall. Oaxaca and Michoacán are the hardest-hit states.

China's Ministry of Commerce has criticized a new French law targeting 'ultra-fast fashion' retailers like Shein, Temu, and AliExpress, deeming the regulations discriminatory and warning of potential retaliatory measures.

Swedish fashion retailer Nelly is pursuing two lawsuits against Chinese fast-fashion giant Shein, with its CEO advocating for stricter EU regulations.

During President Sheinbaum's Friday press conference in Tulum, a security report highlighted an 85% drop in homicides in Quintana Roo, alongside discussions on "Tulum Reborn" tourism measures, sargassum cleanup, and a strong earthquake off Chiapas.

Sheinelle Jones, host of 'Today With Jenna & Sheinelle', discusses how she promotes a positive body image for her daughter Clara and her other children.

The initial public offering (IPO) for Shein is reportedly facing a lower valuation as a crackdown on e-commerce practices begins to take effect.

Mexico's Claudia Sheinbaum has presented an anti-femicide bill that seeks to establish 10 'reasons of gender' for the crime, set a uniform penalty of 50 to 70 years imprisonment, and allow for increased punishments under 19 aggravating circumstances.

President Sheinbaum welcomed a delegation of Japanese business leaders, including representatives from Honda, Toyota, and Nissan, to Mexico, signaling an intent to strengthen mutual trade ties between the two countries.

Shein's executive chairman is reportedly stepping down as the company's initial public offering (IPO) nears completion. This leadership change comes as the fast-fashion giant prepares for its public market debut.

Shein has recalled a children's toy with silicone pull strings, and Daco Bello sesame seeds have also been recalled in Slovenia, with new announcements confirming these product safety actions.

Mexican President Claudia Sheinbaum expressed optimism about reaching a trade deal with US President Donald Trump, as her chief negotiator leads talks in Washington following the collapse of negotiations between the US and Canada.

Mexican President Sheinbaum celebrated bilateral efforts to eliminate the New World screwworm in cattle, reopening trade with the US, and stated her belief that Rubén Rocha Moya should not lead Sinaloa while facing drug trafficking charges.

Claudia Sheinbaum rejected claims that President Andrés Manuel López Obrador was involved in the return of Rocha Moya, dismissing it as 'political fiction.' She affirmed that investigations by the FGR remain open.

Claudia Sheinbaum celebrated the reopening of borders for Sonora cattle and announced a strengthening of security controls.

Clara Brugada expressed support for Claudia Sheinbaum following the Rocha Moya case, urging leaders to exercise power with humility and congruence.

Mexico City's Cablebús Line 4 has achieved 20% completion and is projected to be operational by December 2027, with officials highlighting its role in reducing travel times.

Amazon and Chinese platforms like Shein, Temu, and TikTok now channel 70% of online purchases, leading to a surge in small package logistics.

Claudia Sheinbaum stated that 'no personal interest can ever be above the people,' emphasizing that public power must be accompanied by principles and limits.

Ahead of its anticipated IPO, five key aspects of the Chinese e-commerce company Shein are highlighted for investors.

A new European customs duty on small parcels has led to a significant drop in sales for Chinese e-commerce platforms like Temu and AliExpress among French consumers, while Shein has shown more resilience.

Claudia Sheinbaum woke up with a 'strong flu, cough, and fever,' leading to Rosa Icela Rodríguez taking charge of Friday's morning press conference.

At Thursday's press conference, Sheinbaum unveiled Mexico's second Olinia EV prototype, addressed a fresh arrest tied to "El Mayo" Zambada's 2024 kidnapping, and discussed a Navy officer's extradition from Argentina.

Mexican President Claudia Sheinbaum has denied that Omar García Harfuch's visit to Argentina was connected to the transfer of former marine Fernando Farías Lagunas, stating that Farías's transfer is not in doubt and he requested a 'legal matter' in Argentina.

Sheinbaum justified Mexico's abstention in the Organization of American States (OAS) vote on the situation in Nicaragua, defending the country's belief in non-intervention.

Sheinbaum has introduced Olinia Carga, a new model for goods transportation that boasts a capacity of up to 650 kg, aiming to enhance logistics and delivery services.

Shein has reportedly postponed its highly anticipated Hong Kong debut until September, according to SCMP.

Luisa Alcalde, a Mexican official, has altered a list of journalists following a controversy, with a specialist accusing a coordinated effort to generate a network of hate against Claudia Sheinbaum.

Chinese fast-fashion giant Shein is preparing for its initial public offering in Hong Kong, targeting a valuation between $26 billion and $27 billion, with the subscription period starting Wednesday and shares expected to trade on August 28.

Claudia Sheinbaum is preparing her second government report and has met with her cabinet to define how the presentation will be conducted across various states.

President Claudia Sheinbaum seeks to promote widespread use of digital payments in Mexico to combat tax evasion, corruption, and organized crime.

Fast-fashion giant Shein is facing more than 100 copyright lawsuits in US courts since the beginning of 2023, with counterfeiting claims threatening its reputation.

Shein, the fast-fashion giant, has reportedly reduced its initial public offering valuation target for its Hong Kong listing to $25 billion.

An opinion piece discusses actions attributed to Sheinbaum that are perceived as attempts to suppress media in Mexico.

A new "Shein tax" is making cheap packages from China more expensive, impacting Asian e-commerce businesses and necessitating a reinforcement of logistics in Europe. Shein, which generates significant revenue in Spain, has indicated it will raise prices to offset these increased costs.

Claudia Sheinbaum has condemned the US decision to revoke the visa of the former Mexican president's son, with the Trump administration being accused of foreign interference.

Mexican President Claudia Sheinbaum met with Goldman Sachs president John E. Waldron to discuss investment opportunities related to Plan México, which aims to make Mexico the world's 10th largest economy.

Chinese e-commerce giant Shein is preparing to raise prices for its European customers, facing challenges from a new three-euro tax applied to parcels from outside the European Union since July 1.

Fast-fashion giant Shein is facing scrutiny over its decelerating growth, which is testing investor confidence as the company prepares for a potential initial public offering in Hong Kong.

During a National Reforestation Day event, Mexican President Claudia Sheinbaum proposed renaming the historic Paso de Cortés, located between the Popocatépetl and Iztaccíhuatl volcanoes, to “Paso de los Pueblos Indígenas” (Pass of the Indigenous Peoples).

Ultra-fast fashion retailer Shein's experiment to diversify its supply chain by leasing a large warehouse in Vietnam has reportedly failed, highlighting the difficulty of replacing China.

Shein, known for its low-price model, is experiencing a decline in shoppers and faces an existential threat as new tariffs and changing regulations force the company to raise prices, shifting its focus to services.

Bloomberg Intelligence reports that Shein is valued between $22 billion and $25 billion in anticipation of its initial public offering. This valuation provides insight into the company's market position before going public.

Fast-fashion retailer Shein is considering lowering investment costs for some late-stage investors and offering cash payouts and extra shares as it pursues an IPO at a lower valuation, according to filings with the Hong Kong Stock Exchange.

Claudia Sheinbaum has pledged to adopt an expert panel's recommendation to ban hydraulic fracturing in the Tampico-Misantla basin in Veracruz, citing concerns over biodiversity, water supplies, and densely populated communities.

According to Reuters, Mexico's President Sheinbaum is reportedly considering pilot fracking projects in the northern states of Coahuila and Tamaulana, potentially starting as early as next month.

Mexico City Mayor Claudia Sheinbaum addressed the murder of influencer César Gastélum in Culiacán, noting it was discussed at a federal security cabinet meeting and authorities are working to apprehend the perpetrators, making Gastélum the ninth content creator murdered in Sinaloa since 2024.

Fast-fashion retailer Shein Global Holdings Ltd. is reportedly planning to begin gauging investor demand for its Hong Kong initial public offering as early as this week.

Fashion retailer Shein is preparing for a multi-billion dollar initial public offering, while African fintech company PalmPay, backed by MediaTek, is also considering an IPO in Hong Kong. Both companies are poised for significant market debuts.

The stock market debut could take place as early as mid-August. Significant discount in the target valuation compared to earlier financing rounds.

An opinion piece questions whether Mexico's expanding biometric ID system and camera networks under Claudia Sheinbaum could lead to a surveillance state similar to China's.

The Mexican Navy has announced a 2-billion-peso plan to combat the increasing sargassum seaweed in the Caribbean, as President Sheinbaum also highlighted strong Q2 growth and backed an INE ruling against the PRI opposition.

Fast-fashion giant Shein has reportedly started selling clothes under a new brand, Musera, in a manner that obscures its connection to the criticized parent company. This strategy may reduce consumers' moral hesitation to purchase.

Concerns over land expropriation and lack of community agreements led Sheinbaum to cancel the La Parota hydroelectric dam project, detailing a new plan for radial wells to supply water to rural Acapulco.

Shein's planned IPO is caught between American-Chinese geopolitical tensions due to a significant portion of its Chinese cotton supply originating from Xinjiang.

Online fashion retailer Shein is reportedly moving closer to a potential initial public offering in Hong Kong, even after experiencing a loss in its first fiscal quarter.

Mexico's president-elect Sheinbaum is placing her trust in a petrol price cap, a policy that has business leaders wary of her interventionist economic approach.

The second edition of 'México canta' has attracted over 16,000 auditions, with Sheinbaum highlighting its anti-violence mission before an early conclusion of Thursday's mañanera for a meeting with the U.S. Trade Representative.

Swedish retail giant H&M has closed over 600 stores in four years, including its entire Monki brand, citing competition from Chinese platforms Shein and Temu.

Sheinvest founder Julia Stoetzel provides guidance on how individuals can overcome initial hesitations and move from discussing financial planning and investment to taking action.

Mexico's President-elect Sheinbaum is set to attend the World Cup final after receiving an invitation from President Trump.

The kind of private credit that Apollo offers, as opposed to traditional bank funding, is an expanding trend in Latin America and aligns with the Sheinbaum administration's Plan México for economic…

At her Thursday press conference, President Sheinbaum addressed a freight train incident and a Mexican man's death fleeing ICE, stating that migration should not be criminalized.

Mexican President Sheinbaum welcomed President Mulino of Panama to Mexico, pledging support for the neutrality of the Panama Canal and discussing cooperation on issues like eradicating the New World screwworm.

Mexican President Claudia Sheinbaum has announced a nearly 50% reduction in homicides between September 2024 and June 2026, celebrating the progress in a country long plagued by organized crime violence.

Shein's Executive Chairman Donald Tang is reportedly stepping down as his mission to take the company public nears completion, marking a significant leadership change as the fast-fashion giant prepares for its initial public offering.

Donald Tang, Shein's executive chairman, is reportedly passing the CEO baton to Sky Xu as the fast-fashion giant prepares for its anticipated listing in Hong Kong.

An Australian woman garnered significant attention at the Ultra festival for her inexpensive outfit, reportedly costing around 70 euros from Shein.

After four years, Chinese fast-fashion e-commerce company Shein is finally preparing to go public, marking a significant milestone for the online retailer.

US authorities are conducting a national security review of Shein Global Holdings' proposed purchase of American clothing retailer Everlane, adding to a growing list of regulatory scrutiny for the fast-fashion giant.

Claudia Sheinbaum resumed her morning press conference after a period of absence, attributing her brief hiatus to a common flu. She stated that she had caught a flu that affects everyone.

Claudia Sheinbaum stated that things are going well and people are happy following Rubén Rocha's leave, with Brugada expressing support.

Art historian María Meléndez has publicly challenged the idea that President Claudia Sheinbaum should nationalize the Gelman Collection, sparking a debate on cultural heritage.

Private equity investors in the fast-fashion giant Shein may need to retain their stakes for a longer duration than initially anticipated.

The Mexican government is preparing its legislative agenda for the new period, with the Interior Ministry announcing that President Sheinbaum will define the priorities.

The fast fashion giant Shein is experiencing a decline in popularity, with reports indicating that its business model is falling out of favor with consumers.

Senators from Mexico's Morena party have united in support of Claudia Sheinbaum, condemning what they describe as 'unfounded attacks and disqualifications' against her.

Claudia Sheinbaum has urged the Ministry of Culture to provide support to the Ediciones Era publishing house, stating that its potential closure would not be good news.

Fast-fashion giant Shein has reportedly postponed its initial public offering (IPO) and, for the second time, lowered its target valuation amidst market uncertainties.

Claudia Sheinbaum has not ruled out offering a position to Mónica Soto following her resignation from the TEPJF, while also dismissing concerns about potential issues in the 2027 elections.

Mexico City's head of government, Claudia Sheinbaum, held her daily morning press conference on August 20th, with minute-by-minute coverage detailing the day's announcements and discussions.

Chinese online retailer Shein is reportedly preparing for an initial public offering (IPO) in Hong Kong, with an estimated valuation of $25-28 billion, a significant decrease from its nearly $100 billion valuation four years prior.

Mexico is considering its role as a data center hub, driven by the growth of artificial intelligence, but President Sheinbaum's administration is weighing the significant environmental costs associated with the sector's global expansion.

Claudia Sheinbaum has proposed increasing the amount of the 'Tarjeta Bienestar Paisano' as part of an effort to strengthen support programs for migrants.

Claudia Sheinbaum announced the reactivation of the Cruz Azul Cooperative in Hidalgo, projecting an investment of 6.5 billion Mexican pesos. This initiative aims to boost the cooperative's operations and economic activity in the region.

Chinese fast-fashion giant Shein is preparing for its initial public offering in Hong Kong, with the subscription period starting Wednesday and shares expected to trade on August 28. The IPO is under scrutiny due to the company's decreased valuation.

The president said on Monday that she opposes banning young people from using social media and that her government prefers to create a "scheme" ensuring that minors' use of social media is safe. The…

Fast-fashion giant Shein is reportedly aiming for a valuation of up to $27 billion in its upcoming initial public offering in Hong Kong.

Online fashion retailer Shein has lost a copyright lawsuit in the UK against its competitor Temu.

A month after new European tariffs on low-value orders from third countries were implemented, purchases on platforms like Temu and Shein continue, with a shift towards fewer but higher-value orders.

The Mexican peso, dubbed the 'super peso,' surged past 17 per dollar, reaching a level not seen since early June following Claudia Sheinbaum's presidential election victory.

Shein has lost a legal battle against rival Temu in London, with a British court dismissing copyright infringement accusations and ordering the online fashion retailer to compensate Temu for advertisements it had to withdraw during the dispute, as Shein prepares for its IPO.

Online fashion retailer Shein is reportedly considering August 28 as the date for its trading debut in Hong Kong. This move follows earlier reports of the company exploring an initial public offering.

A four-year-old boy was hospitalized after a fake squishy toy purchased from Shein reportedly exploded in his face, prompting Shein to remove the product and investigate the claims.

A new European Union import tariff on cheaper packages from outside the EU, implemented in July, has led to half of Dutch consumers ordering less frequently from online retailers like Shein and Temu.

Online fashion retailer Shein has issued a warning that its sales in Europe could experience a downturn as the impact of new U.S. tariffs begins to affect its operations.

Fashion retailer Shein is reportedly reducing its operations in Vietnam and shifting its focus back to its Chinese production base, concluding an experiment that lasted only one year.

Online fashion retailer Shein has reportedly found that the advantages of having an export base in Vietnam are diminishing, suggesting a renewed focus on its operations in China.

Mexico has officially banned oil and gas fracking in a key shale basin, as announced by Sheinbaum. This decision marks a significant policy change regarding energy extraction in the country.

Bunurile comandate de pe platformele străine cum ar fi Temu, Shein și Joom, în valoare de până la 150 de euro, ar urma să fie supuse unei taxe pe valoare adăugată (TVA) de 20%, „pentru asigurarea…

President Sheinbaum has expressed concern about the effects of social media on children, sharing her views on platforms like X, Instagram, and TikTok.

The MND Sheinbaum Index for June 2026 reports the Mexican president's highest score to date, based on eight key government performance indicators.

Mexican President Claudia Sheinbaum signed a new "Decree to Strengthen Transparency in the Federal Government" on Tuesday, outlining the system that will replace the national transparency agency INAI, which was dissolved in 2024.

Reports indicate that the fast-fashion giant Shein is preparing for an initial public offering.

Clothes typically sold on online platforms like Shein and Temu are now also available in some Finnish physical stores, including Cybershop and Morticia.

Fast-fashion retailer Shein's three-year IPO odyssey is questioned by investors, who doubt its $40-billion-plus valuation as its growth engine appears to be stalling.

The World Bank president is in Mexico for the first time in five years to advance a new Country Partnership Framework aligned with the Sheinbaum administration's Plan Mexico development strategy.

Chinese fast-fashion giant Shein has reported a $99 million loss and is facing new challenges from European regulations, indicating a difficult period for the company. These issues suggest a potential slowdown in its rapid growth and increased scrutiny from international markets.

Mexican President Claudia Sheinbaum responded to US official Miller's remarks that 'Mexico's systems don't work,' suggesting his comments were linked to upcoming midterm elections and urging the US to 'look at itself'.

Mexican President Sheinbaum denied claims by Argentina's Milei of an 'anti-Argentina campaign' during her Monday press conference, where she also discussed a cartel threat to the Governor of Zacatecas and an investigation into social media's impact on youth.

Shein zakończył pierwszy kwartał 2026 roku stratą w wysokości 99 mln dolarów. Spółka odczuwa skutki zmian celnych w USA i ostrzega przed podobnym scenariuszem w Unii Europejskiej.

The closely held company reported a loss of $99 million in the first three months of this year, compared with a profit of $395 million a year earlier, according to a filing.

President Sheinbaum held a morning press conference in Morelos, Mexico, where she discussed an improved security perception and a 54% drop in homicides in the state, addressing questions about recent high-profile crimes.

Mexican President Claudia Sheinbaum is scheduled to meet with US Trade Representative Jamieson Greer to discuss the USMCA review, as the US prepares to approve new import duties.

The United States has stated that its efforts against organized crime and corrupt politicians in Mexico will not end with 'El Mayo,' maintaining that the link between organized crime and the Mexican government is indissoluble, while Claudia Sheinbaum demands respect for sovereignty.

Mexican President Sheinbaum addressed various issues this week, including human rights abuses by ICE and defending the Panama Canal's neutrality, while the US stepped up claims of cartel-government ties.

President Sheinbaum traveled to Quintana Roo to address the region's sargassum crisis, which continues to impact Tulum's tourism industry. A detailed plan to tackle the issue is expected to be announced on Saturday.

Online fast-fashion retailer Shein has reportedly received approval from the Hong Kong listing committee for its initial public offering (IPO).

Shein is facing a lower valuation ahead of its Hong Kong stock market debut, as new EU tariffs on cheap shipments from China are expected to slow the company's growth in Europe and dampen investor sentiment.

Mexican President Sheinbaum has vehemently rejected claims by the US DEA that her government is linked to drug cartels, expressing outrage over the accusation. She affirmed that her administration has no involvement with criminal organizations.

Mexico has filed criminal complaints in the US regarding migrant deaths during ICE operations, following the identification of a Colombian father killed in an ICE shooting and protests in Maine over a second migrant death within a week.

Shein is reportedly targeting an initial public offering (IPO) in Hong Kong that could raise up to $3 billion, with a potential launch by August.

A professor highlights that at least 10% of current waste consists of never-used items, primarily from fast fashion retailers like Shein, with textile waste posing a growing environmental problem.

Swedish fashion giant H&M has closed over 600 stores in four years, including the entire Monki brand, due to intense competition from fast-fashion platforms like Shein and Temu.