• Deliveroo Shares Plummet on London Stock Market Debut

    13 days ago - By Hypebeast

    Takeaway service Deliveroo endured a humbling London stock market debut earlier this week, on a day that saw its shares drop 30%. Last week the London-based firm targeted a £8.8bn float valuation based on a share price of 390p-460p, before scaling it back to £7.6bn soon after. Despite the recalculation, the final valuation still sat some £2.28bn short of its revised target, thanks to improvements throughout the day saw trade recover to around 11% down on the whole. According to reports , many investors were said to be apprehensive prior to the float, with the working conditions of its...
    Read more ...

     

  • 8 Drops You Don't Want to Miss This Week

    8 Drops You Don't Want to Miss This Week

    13 days ago - By Hypebeast

    With another week upon us, we have yet another installment of our product drops series. Leading the list is the sixth release from Supreme 's Spring/Summer 2021 collection and Palace 's Spring Week 8 drop. The SS21 Week 6 Drop from Supreme sees the New York-based streetwear imprint take a break from its major collaboration series. Standouts in the range releasing include the Saint Michael Fleece Jacket, Suede Harrington Jacket, Cross Paneled Track Jacket and matching Pants, Swarovski S Logo Hooded Sweatshirt matching Sweatpants and Beanie, and Muhammad Ali Zip-Up Shortsleeve Shirt. Other...
    Read more ...