Republican Senator Marco
Rubio asked the U.S. Securities and Exchange Commission to block
Shein’s bid to list publicly in New York unless the e-tailer
makes additional disclosures about its business. -February 15, 2024 at 12:00 pm EST
- MarketScreener
Exclusive-Rubio urges SEC to block Shein IPO unless China operating risk disclosed streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Retailers slashed prices on
twice as many Nike sneakers in 2024 than two years
earlier, endangering the sportswear giant s typically strong
pricing power at a time of stiff competition from rival.
Deliveries for U.S.
retailer Tractor Supply Co have been delayed anywhere
from two to 20-plus days as major container ship operators
re-route vessels away from the Suez Canal, Colin Yankee,.
Deliveries for U.S. retailer Tractor Supply Co have been delayed anywhere from two to 20-plus days as major container ship operators re-route vessels away from the Suez Canal, Colin Yankee, the company’s chief supply chain operator, said on Friday. Ocean carriers are also adding diversion surcharges on cargo routed away from the Suez Canal to a safer route around South Africa’s Cape of Good Hope, according to Yankee. Higher shipping costs, extended travel times, and additional pain points, including reduced crossings on the drought-stricken Panama Canal, are leading Tractor Supply to “see potential for volume that was moving from Asia to the U.S. East Coast to shift to the U.S. West Coast throughout the year,” he told Reuters.