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Fashion Retailer Shein Files for US IPO Privately

Fashion retailer Shein, originally founded in China but now headquartered in Singapore, has confidentially filed for a US IPO. The company is working with Goldman Sachs and Morgan Stanley on the offering. Shein is well-known for offering trendy clothing at…

Allbirds Co-Founder Assumes New Role Amidst Job Cuts

Following the management reshuffle, Allbirds co-founder Joey Zwillinger will now be the sole CEO. In a separate filing, the sustainable footwear brand also announced that it has terminated 21 corporate jobs, amounting to approximately 9 percent of Allbird’s corporate workforce.…