Shein’s IPO: Where it stands and what's next
Shein, the ultra-fast fashion giant, is preparing for one of the largest initial public offerings London has seen in years. With a valuation of $66 billion at its last funding round, Shein is positioning itself for a market debut that could revitalize London’s stock exchange, which has seen several high-profile defections. However, the public listing is paved with both opportunity and controversy as the company grapples with supply chain abuses and regulation impacts on investor sentiment.Shein’...