fast-fashion
U.S.A.: Forever 21 files for bankruptcy, with debts of US$1.58 billion
On March 17, 2025, Forever 21 (2021 turnover US$2 billion, last available financial data) filed for bankruptcy in a Delaware court. This includes 354 stores in the USA, the brand licence and U.S...
18 March 2025
With Faume, Soeur launches into second-hand goods via an omnichannel approach
On February 26, 2025, the French fashion brand Soeur (turnover of €65 million in 2024, up by 30% in a year via 54 points of sale in Europe) rolled out a second-hand platform “Sœur...
3 March 2025
Profit and market valuation slashed in half: will Shein postpone I.P.O.?
Shein may delay a London Stock Exchange I.P.O., initially planned for April 2025, to the second half of the year. According to the Financial Times on February 23, growth in 2024 fell short of...
25 February 2025
USA: Quiksilver, Roxy and Volcom operator shuts down 122 Stores
On February 7, Liberated Brands (2022 revenue : US$422 million, up by 21%, with no new figures since) began closing 122 stores across the U.S.A. following a bankruptcy filing on February, 2. The...
- Retail
- Property and investors
- News brief
17 February 2025
Shein returns to India with Reliance Retail
Blocked since 2020 in India, Shein is back to compete with Myntra (Flipkart) and Zudio (Tata). The group signed a licensing agreement with Reliance Retail Ventures (RRVL), a subsidiary of the...
11 February 2025
Faced with Shein’s growth, the U.S. and the E.U. attack exemptions from customs duties
As the Biden administration has been threatening TikTok in America, the ultra-fast fashion giant Shein (GMV of US$45 billion in 2023, net margin of US$2 billion) could be subject to additional...
26 September 2024
Our mind news
The Hygie31 retail group, known for the Lafayette Pharmacies, is continuing to transform its websites, driven by Cocooncenter. Thanks to an AI strategy and a fully redesigned IT architecture, it...
10 September 2026
By launching a conversational chatbot with Algolia and a new module converting school lists into e-commerce carts this summer, Bureau Vallée aims to ease the chore of back-to-school supply list...
10 September 2026
According to our information, Fnac Darty is about to deploy European payment solution Wero, based on account-to-account instant transfers, on its e-commerce sites. Already active in Germany at...
- Retail
- mind Exclusive
- Retail tech
4 September 2026
On the occasion of an IPO, Shein revealed a carbon footprint of 25.5 million tonnes of carbon dioxide in 2025, up by 20% compared to a reference year. For an equivalent sales level, the fast...
3 September 2026
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Before an IPO, Shein forced to reveal margin erosion in 2025 and impact of US tariff shock
Made public ahead of a Hong Kong listing planned for September, Shein’s financial documents, seen by mind Retail, confirm the shift experienced by the fast-fashion retailer. Despite a 8% sales...
- Retail
- Property and investors
- Analysis
21 August 2026