Shein Plans London IPO Amid US Regulatory Hurdles, Valued at £53bn

May 13, 2024, 01:15 AM

Fast-fashion giant Shein is intensifying its efforts to list on the London Stock Exchange after facing regulatory challenges and opposition from U.S. lawmakers in its attempt to launch an IPO in New York. The company is reportedly planning to file for the London IPO as early as May. This move is seen as a significant boost for London, with Shein's listing valued at approximately £53 billion.