Bloomberg A Chinese fast-fashion company without a global network of physical stores of its own is seeking a valuation that could be more than the combined worth of high-street staples Hennes & Mauritz AB and Inditex SA’s Zara. Shein, an online-only retailer of inexpensive clothes, beauty and lifestyle products that pumps out over 6,000 new items daily, is in ...

Bloomberg Ryanair Holdings Plc narrowed the range for its annual loss as Europe’s biggest low-cost carrier turns the page on a year disrupted by the coronavirus pandemic. The loss for the year ended on March 31 will be between 350 million euros and 400 million euros ($387 million-$440 million) before special items, the Dublin-based carrier said in a statement. Ryanair ...

  Bloomberg Sneaker marketplace StockX responded to a trademark-infringement lawsuit from Nike Inc, saying in a court filing that the world’s largest athletic-wear company shows a “fundamental misunderstanding” of nonfungible tokens. In February, Nike filed a complaint in federal court in Manhattan accusing StockX of “blatantly freeriding” on Nike’s trademarks and goodwill with a new service called Vault NFTs. StockX ...