This chapter discusses Xi'an, a privately held company in the fast fashion market, their valuation, their recent acquisition, and their plans for an IPO. It also explores their on-demand business model, flexible supply chains, and use of audience engagement tools to understand customer preferences. Additionally, it mentions their goal of becoming a localized company and their efforts to address environmental concerns.
Bloomberg News Chief Technology Correspondent Mark Gurman and Bloomberg Intelligence Senior Technology Analyst Anurag Rana discuss Apple extending an agreement to get modem semiconductors from Qualcomm for three more years as the company prepares to introduce its latest iPhone on Tuesday. Bloomberg News Deals Team Managing Editor Liana Baker and Bloomberg News Equities Reporter Bailey Lipschultz talk about deals news from J.M. Smucker, Instacart and ARM. Peter Pernot-Day, US Head of Strategic Communications at Shein, discusses expanding product categories beyond fashion and apparel to meet consumer demand. And we Drive to the Close with Doug Ciocca, CEO at Kavar Capital.
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