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Stock impact report

FOCUS-Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too [Yahoo! Finance]

Colgate-Palmolive Company (CL) 
Last colgate-palmolive company earnings: 5/1 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.colgatepalmolive.com
Company Research Source: Yahoo! Finance
Company presented at event in Madrid last month Move will see expansion beyond fashion By Helen Reid LONDON, April 30 (Reuters) - Online fast-fashion retailer Shein is courting brands like toothpaste conglomerate Colgate-Palmolive and toymaker Hasbro as it tries to sell more household names on its platform. Known for cheap own-brand clothing and accessories, Shein is moving into other categories and has given brands and retailers access to its platform in nine European countries so far, having done so in the United States, Brazil, and Mexico last year. The strategy, part of Shein's plan to build credibility and better compete with Amazon, is enabling the business to expand and develop new ways of selling goods ahead of a planned stock market listing later this year. Shein presented its marketplace services at an event in Madrid last month alongside Colgate-Palmolive, Hasbro , Orangina maker Suntory Beverage & Food, and Spanish cosmetics brand Bella Aurora. "Everybody as Show less Read more
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