• 09/22/2024

Asian e-commerce powerhouse Shein is acquiring roughly one-third of Forever 21’s operator, Sparc, which is taking a minority stake in Shein.

Wall Street Journal

Asian e-commerce powerhouse Shein is acquiring roughly one-third of Forever 21’s operator, Sparc, which is taking a minority stake in Shein.

https://www.wsj.com/business/retail/shein-strikes-deal-with-forever-21-71ec58a3