Businessoffashion

2 Posts
Businessoffashion
Businessoffashion
· May 21

Victoria’s Secret Adopts Poison Pill to Thwart Investor BBRC

Victoria’s Secret & Co. has implemented a shareholder rights plan, commonly known as a poison pill, after BBRC International Pte Limited, controlled by Brett Blundy, increased its stake to about 13% of the company. The plan will issue rights to existing shareholders effective May 29 and will be triggered if...
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Business
Businessoffashion
Businessoffashion
· May 5

Shein’s London IPO Stalled Amid US Tariff Fallout

Shein Group Ltd.’s planned IPO in London has slowed significantly due to the impact of US tariffs and pending regulatory approvals. The company’s valuation target has dropped from $90 billion to about $30 billion, with shareholders selling shares at steep discounts privately. Shein, based in Singapore and founded in China,...
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Business