Shein faces investor pressure to slash valuation to US$30 billion ahead London IPO, Bloomberg News reports
Online fast-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion ahead of its London listing, Bloomberg News reported on Monday (Feb 17), citing people familiar with the matter.
Exclusive: Shein poised to slash valuation to $50 billion in London IPO
The company's business prospects have come under a cloud in recent days after the Trump administration said it would close the "de minimis" duty exemption in the United States, ending an import rule that had helped Shein keep prices low.
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Sheins plans to go public in the UK are likely to be delayed until the second half of the year due to the U.S. governments ...
The Manila Times on MSN6d
Shein's IPO to Be Delayed to Second-Half After US 'De Minimis' Repeal, FT ReportsShein and rival Temu together probably accounted for more than 30% of all packages shipped to the U.S. each day under the de ...
That’s worse than many supposedly lumbering incumbents, and miles behind the most efficient including names such as Italy’s ...
A salon owner says she has been left in limbo by delays to her long-running legal battle with cosmetics giant L'Oréal.
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