Fast-fashion retailer Shein is facing challenges as it prepares for a New York stock market listing. Concerns have been raised about the company's China and ESG (Environmental, Social, and Governance) risks, which could put its initial public offering (IPO) on uncertain ground. The topic was discussed on the Breakingviews Viewsroom podcast by @LJucca, @anshumandaga, @aimeedonnellan, and @AnitaRamaswamy, where the appeal and potential risks for investors were analyzed. Meanwhile, Shein's backers have reportedly offered to sell their stakes at a 30% discount, reflecting dimming prospects for the IPO. Additionally, Shein's valuation has dropped to $45 billion amid ongoing investigations and a stalling IPO process.
Shein’s valuation drops to $45 billion amid investigations and stalling IPO: report https://t.co/d8ofsQWmbj
Shein Backers Offer to Sell at 30% Discount as IPO Prospects Dim. https://t.co/dnwergZNFu
🎙️ On @Breakingviews: Fast-fashion giant Shein is preparing for a New York stock market listing. @LJucca and @anshumandaga join @aimeedonnellan and @AnitaRamaswamy on the Viewsroom podcast to discuss the appeal and the risks for potential investors https://t.co/neUhUnchyF https://t.co/wBlH3maQEE
Breakingviews - Shein’s China and ESG risk puts IPO on iffy ground: podcast https://t.co/S65s5hi8pV https://t.co/S65s5hi8pV
🎙️ Fast-fashion giant Shein is preparing for a New York stock market listing. @LJucca and @anshumandaga join @aimeedonnellan and @AnitaRamaswamy on the Viewsroom podcast to discuss the appeal and the risks for potential investors. Listen 👇 https://t.co/GmqncoiC7T
From Breakingviews - Breakingviews - Shein’s China and ESG risk puts IPO on iffy ground: podcast https://t.co/Ad2ydChGcj https://t.co/Ad2ydChGcj