Chinese fast-fashion business Shein Global Holdings Ltd. was once worth more than the parent companies of H&M and Zara, giving its reclusive boss Sky Xu a net worth of more than $23 billion. But Xu’s fortunes have turned in four short years as Shein battles tariffs, political scrutiny and growing competition. Shein is set to
Defense giant L3Harris forced out chairman and chief executive Chris Kubasik, 65, over the weekend after a board investigation revealed that he had violated the company’s code of conduct. The $50 billion aerospace-and-tech company did not provide any detail about what Kubasik did to violate the code, but specified it did not involve financial reporting,
The most important question in business isn’t always “What’s next?” Often, it’s “What won’t change?” That question sits at the heart of my colleague Kristin Stoller’s profile of Jeff Bezos at a pivotal moment for Amazon. The company, which recently bested Walmart for the No.1 spot on the Fortune 500 and Global 500, is pouring
