Saudi Fashion Commission Launches Comprehensive Manual

The "Fashion Exports Guidelines" is a comprehensive manual crafted to assist fashion industry professionals to navigate the complexities of exporting fashion products
The "Fashion Exports Guidelines" is a comprehensive manual crafted to assist fashion industry professionals to navigate the complexities of exporting fashion products
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Saudi Fashion Commission Launches Comprehensive Manual

The "Fashion Exports Guidelines" is a comprehensive manual crafted to assist fashion industry professionals to navigate the complexities of exporting fashion products
The "Fashion Exports Guidelines" is a comprehensive manual crafted to assist fashion industry professionals to navigate the complexities of exporting fashion products

The Saudi Fashion Commission has unveiled the "Fashion Exports Guidelines," which is a comprehensive manual crafted to assist fashion industry professionals to navigate the complexities of exporting fashion products globally while upholding high sustainability standards.

According to a statement issued Monday, the new manual is organized into four primary sections: clothing, footwear and accessories, jewelry, and perfumes. Each section provides tailored export procedures relevant to specific product categories. It also identifies major international markets for fashion products and explores potential future export destinations, offering valuable insights into market demands and opportunities.

Key aspects of the guide include detailed instructions on mandatory labeling standards for exported fashion products, comprehensive guidelines to ensure compliance with international safety and quality benchmarks, and practical advice on incorporating sustainability into production processes. The manual emphasizes environmentally friendly and ethical production methods, aiming to support industry professionals in maintaining high standards across all aspects of their operations.

The Fashion Exports Guidelines is intended for a broad audience within the fashion industry, including apparel manufacturers, jewelry designers, footwear producers, accessories makers, perfume creators, and other business sectors interested in expanding their export activities.
According to the commission, the manual covers essential information on labeling requirements for exported fashion items. It outlines comprehensive guidelines to ensure that products meet both quality and safety standards. Additionally, the guide provides practical advice on integrating sustainability into production processes. For those navigating different markets, it details country-specific export requirements and offers up-to-date information on regulations and legal requirements in each target market.



Sources: Shein Weighs Sale of Less Than 10% of Company in London IPO

A mannequin with a Shein sign stands in an office of a lingerie maker at WeMet Industrial Park, in Guanyun county of Lianyungang, Jiangsu province, China November 25, 2024. REUTERS/Florence Lo
A mannequin with a Shein sign stands in an office of a lingerie maker at WeMet Industrial Park, in Guanyun county of Lianyungang, Jiangsu province, China November 25, 2024. REUTERS/Florence Lo
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Sources: Shein Weighs Sale of Less Than 10% of Company in London IPO

A mannequin with a Shein sign stands in an office of a lingerie maker at WeMet Industrial Park, in Guanyun county of Lianyungang, Jiangsu province, China November 25, 2024. REUTERS/Florence Lo
A mannequin with a Shein sign stands in an office of a lingerie maker at WeMet Industrial Park, in Guanyun county of Lianyungang, Jiangsu province, China November 25, 2024. REUTERS/Florence Lo

Fast fashion retailer Shein is considering asking UK regulators to waive listing rules that require at least 10% of its shares to be sold to the public in its planned London flotation, two people with knowledge of the matter said.
The company is exploring this option to facilitate its IPO, one of the people said, according to Reuters.
If granted, it would likely be the first time that a company in London has been allowed to list below the recent 10% rule.
Singapore-headquartered Shein, which sells $5 tops and $10 dresses mostly made in China, in June filed confidentially with the Financial Conduct Authority (FCA) for a London listing.
However, Britain's financial regulator is taking longer than usual to approve its application, Reuters reported last week.
The people declined to be identified as they were not authorized to speak to the media.
Shein declined to comment.
Shein was valued at $66 billion in a fundraising round last year. A 10% flotation at that valuation would make the IPO worth $6.6 billion. The biggest European IPO this year was perfume and fashion company Puig's $2.9 billion deal, according to Dealogic.
The current valuation of Shein and how much it is looking to raise via the London listing was not immediately known.
London changed its listing rules in 2021 to boost the attractiveness of the venue for companies. It cut the proportion of shares an issuer is required to float to 10% from 25%, reducing potential barriers for large IPOs, the FCA said at the time.
In July, Britain ushered in the biggest reform of company listing rules in more than three decades to help it compete more effectively with New York and the European Union for new issuers.
Shein began to explore a listing on the London Stock Exchange early this year, Reuters reported in May, citing sources. The China-founded company's original plan to list in New York was derailed after opposition from US lawmakers.
Shein is also waiting for China's securities regulator to approve its plans for a London IPO, Reuters previously reported. Its revenues are expected to hit $50 billion this year, up 55% from 2023, according to Coresight Research.