Chinese fast-fashion retailer Shein is planning to list its shares on the London Stock Exchange, moving away from the United States due to ongoing geopolitical tensions between China and the U.S. The IPO could value the company at approximately $64 billion. However, market observers and analysts have raised concerns about the company's IPO valuation, ethical practices, and the potential risks for investors. Shein's pre-IPO efforts in Europe have encountered resistance from the retail industry and lawmakers. Nigel Farage has criticized the move, calling it a 'very bad idea.' Shein may also not qualify for inclusion on the FTSE 100 Index.
🇬🇧 Shein set to miss out on FTSE 100 spot as industry body flags concerns https://t.co/7PbJEYz33S
🇬🇧 Shein to miss out on FTSE 100 as British Fashion Council hits out at planned IPO https://t.co/7hi5zYtBNO
Shein may not qualify for inclusion on the FTSE 100 Index even it gears up for what could be one of the largest UK IPOs, The Times reported. https://t.co/VQWdWHQ37z
Allowing Shein to list on the London stock market would be a “very bad idea”, Nigel Farage has said https://t.co/ElSWqInh67
Online fast-fashion retailer Shein's pre-IPO charm offensive hits roadblocks in #Europe, as pushback from Europe's retail industry and lawmakers grow. #retail #fastfashion #IPO #listings #capitalmarkets #equity https://t.co/i86q2B9jxI
The rise and rise of fashion giant Shein https://t.co/GvJ7zhgbDl
Shein's expected pivot to London rather than the United States for its IPO — triggered by persistent tensions between China and the U.S. — will be closely watched by IPO prospects mulling where to list their shares in a dicey geopolitical climate. https://t.co/4fFUb3JOXn
Shein's pre-IPO charm offensive hits roadblocks in Europe https://t.co/F0Y1Xmbp4r https://t.co/31Ng3XM3lG
"Shein is bad for the fashion industry and our planet—but I can’t wait for the IPO," Resonance chairman @lawrencelenihan writes in a new commentary. https://t.co/aOOaiZ2kCG
Shein’s pre-IPO charm offensive hits roadblocks in Europe https://t.co/tDeEjAO88z
Waiting for the SHEIN IPO listing on the London stock exchange to happen. "The public listing could value the Chinese ultra fast fashion player at about $64 billion." $64B, that's a lot of microplastics straight into landfills.
Speculation that Shein is planning to list in London reached a fever pitch this week, but market observers say the Chinese fast-fashion retailer has several obstacles to overcome before — or even if — it launches an IPO. https://t.co/HnpvN0vgIr
China's Shein faces laundry list of concerns over possible London IPO https://t.co/Oi3yt6Ewjm
Shein's fast-fashion technology could help smaller companies with trend forecasting and marketing. https://t.co/bRYkH7Yj8w
Shein has ethical concerns? So do many London-listed firms — let's look at them too https://t.co/j2cmFE120d
Investors could face numerous risks as Shein attempts to list in the UK, and the retailer’s IPO valuation is flimsy, @AndreaFelsted says (via @opinion) https://t.co/byDeOQcZvE
Investors could face numerous risks as Shein attempts to list in the UK, and the retailer’s IPO valuation is flimsy, @AndreaFelsted says https://t.co/XLbRRmfqNZ via @opinion
Investors could face numerous risks as Shein attempts to list in the UK, and the retailer’s IPO valuation is flimsy, @AndreaFelsted says https://t.co/yQHPSQliko
Looks like the Shein IPO in London will go very well https://t.co/bDtNemnnYq https://t.co/7QCAP7ctvO
Caught up in tensions between Washington and Beijing, fast fashion giant Shein looks to be heading for London https://t.co/uvbAoeMXPn