The Caithness Business Index has posted the following article:

Luring Shein From Floating On Wall Street Would Boost London's Ftse 100 - But At What Cost?

The Singapore-based fast-fashion company Shein is poised to choose between floating on the London Stock Exchange and Wall Street. As the potential 60bn IPO causes ripples on both side of the Pond, the home delivery expert Parcelhero asks what impact could it have on ASOS and Boohoo? The fast-fashion giant Shein (founded in China in 2012 but based in Singapore since 2021) is currently deciding whether to launch an initial public offering (IPO) on the London Stock Exchange (LSE) or on Wall Street. [Read Full Article]