Fundamental questions left unanswered by Shein at Business and Commerce Committee despite firm intention to list in London | Money News Aitrend

Fundamental questions left unanswered by Shein at Business and Commerce Committee despite firm intention to list in London | Money News

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Representing one of the world’s largest fast fashion retailers, Shein was unable to answer MPs’ questions about where its cotton comes from. Yinan Zhu, Shein’s general counsel for Europe, Middle East and Africa (EMEA), was asked if the company sells products containing cotton from China, mainly from the Xinjiang region , where China has been … Read more

Grant Thornton joins stake sale to buyout firm Cinven | UK News Aitrend

Grant Thornton joins stake sale to buyout firm Cinven | UK News

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UK-based partners at Grant Thornton, the accountancy firm, have voted to sell a majority stake to Cinven, the private equity firm. Sky News has learned that the GTUK partnership voted unanimously in favor of the deal, a decision which is expected to be announced internally as early as Monday. Support for this operation was widely … Read more

Apax leads £500m battle to revive accountancy firm Smith & Williamson’s name | Money News Aitrend

Apax leads £500m battle to revive accountancy firm Smith & Williamson’s name | Money News

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Apax Partners is leading the race to buy the accounting arm of Evelyn Partners, a deal that is expected to revive one of the best-known names in the sector. Sky News has learned that Apax and Bridgepoint are the final two contenders to buy the company, with the deal expected to be signed as early … Read more