2 weeks ago
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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’s potential IPO has been met with optimism from some market watchers. “Shein’s listing could provide a much-needed boost to London’s stock exchange, which has recently struggled to attract high-profile IPOs,” said economist Bryce Quillin, co-founder of luxury strategy agency It’s A Working Title LLC. According to Quillin, it could send a positive signal to other companies considering London for their own public debuts, especially in the wake of a local dip in tech and retail IPOs.
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English (US) ·