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News
Shein Grapples with EU Backlash, But Clients Keep Coming
2+ week, 6+ day ago (1357+ words) Shein's meteoric growth has made it a lightning rod for critics of ultrafast fashion in Europe, where officials are trying to rein in its operations in the name of social and environmental responsibility. The probes, financial penalties and fierce debates…...
Sources: Shein Aims to IPO on September 1
3+ week, 2+ day ago (790+ words) Shein aims to launch its Hong Kong initial public offering on Monday, according to a source familiar with the matter, and is targeting a listing on September 1, two other sources said, slightly later than previously planned. While September 1 is the…...
Shein Eyes Company Valuation of Around $25 Billion in Hong Kong IPO
3+ week, 5+ day ago (778+ words) Online fast-fashion retailer Shein is eyeing a company valuation of around $25 billion in its Hong Kong IPO, said three people with knowledge of the matter, down from nearly $100 billion four years ago due to challenging business conditions. Singapore-headquartered Shein, known…...