Shein Eyes London IPO: Fast Fashion Giant Seeks UK Listing
Shein Eyes London IPO: Fast Fashion Giant Seeks UK Listing
London, UK, December 12, 2023: Chinese fast fashion giant Shein is reportedly in talks with the London Stock Exchange (LSE) about a potential Initial Public Offering (IPO) in the UK. This move, if confirmed, would mark a significant step for the company, potentially valuing it at over $100 billion.
Details of the Potential IPO:
Shein has held discussions with LSE executives and other stakeholders in the UK financial sector.
The company has previously filed confidential paperwork with the US Securities and Exchange Commission (SEC) for a potential IPO in New York.
Industry experts believe London is Shein's preferred choice due to its proximity to Europe, its thriving stock market, and its growing ecommerce sector.
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