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Shein aims for almost $27bn valuation in stock market debut

By GhanaSummary Newsroom1 min read
Shein aims for almost $27bn valuation in stock market debut

Its attempt to go public on the London Stock Exchange collapsed after the company came under scrutiny over its refusal to answer questions about its supply chain practices.

But Shein's fast-fashion business has faced concerns over its environmental impact, and allegations of forced labour in supply chains.

The long-awaited move comes after failed attempts to list in the US and London due to regulatory challenges amid scrutiny of Shein, which is headquartered in Singapore but was founded in China.

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