Shein's stock market listing will not mask sustainability challenges

LONDON, Aug 25 : Shein is finally going public, but in a far more hostile world than when the Chinese online retail giant's IPO journey began five years ago.The company has worked hard to address environmental, social and governance (ESG) concerns that have triggered regulatory investigations and fines in several count

Fast fashion giant Shein Global Holdings Limited is planning to make its long-awaited stock market debut in Hong Kong next month. Best known for producing and selling inexpensive clothing and apparel, Shein was founded in 2008 in China, but is now headquartered in Singapore. The company has been a big hit with younger

The $27bn valuation pales in comparison to the $100bn the online fashion firm reached after a private fundraising round in 2022.

Chinese online fashion giant Shein announced plans to raise $1.77 by selling 280 million in its long-awaited IPO on the Hong Kong Stock Exchange.

The online retail giant – known for selling extremely cheap clothes – has been planning to float since 2023

Shein targeting up to £20bn valuation in September stock market float  lbc.co.uk

The group had reportedly been worth more than 100 US dollars (£73.3 billion) at its peak following a private fundraising in 2022.

The group had reportedly been worth more than 100 US dollars (£73.3 billion) at its peak following a private fundraising in 2022.

Online fast-fashion retailer Shein is to make its stock market debut targeting a valuation almost a quarter of the $100bn it was worth four years ago.

Fast-fashion giant Shein says it plans to raise up to HK13.86bn (£1.3bn; $1.77bn) when its shares start trading on the Hong Kong stock market on 1 September.

The fast-fashion giant's shares are due to start trading in Hong Kong on 1 September.