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Market
Shein's market strategy post-London IPO
5
Resolution / Starting Odds
Plans US IPO • 25%
Focusses on expanding in other markets • 25%
No further IPO attempts • 25%
Explores alternative financing options • 25%
Official announcements from Shein, major financial news coverage.
Story
Shein Targets £53 Billion London IPO in May Amid US Hurdles
May 13, 2024, 05:47 AM
Fast-fashion giant Shein is intensifying its efforts to list on the London Stock Exchange after facing regulatory challenges and legislative opposition in the United States. The company's plans for an initial public offering (IPO) in New York were impeded by regulatory hurdles and pushback from US lawmakers over concerns including alleged labor malpractices, according to two sources. In response, Shein is now focusing on a London listing, aiming to file as soon as May. This move is seen as a significant boost for London, with Shein's potential listing valued at approximately £53 billion. Additionally, Shein has faced rejections from the National Retail Federation (NRF) in its attempts to join the industry's largest trade association.
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Increases Number of Fashion IPOs • 33%
No Significant Impact on Fashion IPOs • 34%
Decreases Number of Fashion IPOs • 33%
London Stock Exchange • 34%
New York Stock Exchange • 33%
NASDAQ • 33%
Under £40 billion • 25%
£40 billion - £50 billion • 25%
£50 billion - £60 billion • 25%
Over £60 billion • 25%
Outperforms Other Major Retailers • 25%
Performs on Par with Other Major Retailers • 25%
Underperforms Compared to Other Major Retailers • 25%
Performs Significantly Worse Than Other Major Retailers • 25%
Below £50 • 33%
£50 to £75 • 34%
Above £75 • 33%
Increase investment in Southern US plants • 25%
Shift some operations abroad • 25%
No significant change • 25%
Reduce overall U.S. footprint • 25%
Financial Conduct Authority (FCA) • 33%
Advertising Standards Authority (ASA) • 33%
Other • 34%
Goldman Sachs • 25%
Morgan Stanley • 25%
JP Morgan • 25%
Other • 25%
Below £50 billion • 33%
£50 billion to £60 billion • 34%
Above £60 billion • 33%