Online fashion retailer Shein plans a £50bn London IPO, filing a prospectus with the UK's FCA.

Online fashion retailer Shein plans to file a prospectus with the UK's Financial Conduct Authority for a potential £50bn London IPO, according to Sky News. The firm aims to value itself at approximately £50bn ($63.7bn) and may file the confidential prospectus as early as the coming week. Shein, founded in China, considered listing on the London Stock Exchange earlier this year after facing regulatory hurdles in New York.

June 02, 2024
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