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Shein loses UK copyright case against retail rival Temu
The ruling comes as Shein aims for a more than $30bn valuation in a Hong Kong IPO
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thenextweb.com
Shein's IPO is being pitched at under $30 billion. Four years ago it was worth $100 billion.
Shein's advisers are pitching investors at sub-$30B for its Hong Kong IPO. That's a 70% drop from its 2022 peak. Net profit halved. Margins collapsed. Q1 was a loss.
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economictimes.indiatimes.com
Shein loses UK copyright lawsuit against rival Temu over photos of clothing - The Economic Times
At the start of the trial in May, Shein accused Temu of breaching its copyright "on an industrial scale", using its photos to advertise copies of Shein's own-brand…
