News@lemmy.world · 1 year ago

Shein files for U.S. IPO as fast-fashion giant looks to expand its global reach

www.cnbc.com

Shein files for U.S. IPO as fast-fashion giant looks to expand its global reach

www.cnbc.com

Salamendacious@lemmy.world to

News@lemmy.world · 1 year ago

Shein has confidentially filed to go public and could start trading on the public markets as soon as next year, people familiar with the matter said.

Shein has confidentially filed to go public and is moving forward with its long-rumored IPO.
The retailer was last valued at $66 billion.
Shein has tapped Goldman Sachs, JPMorgan and Morgan Stanley to be the lead underwriters on the offering.

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1 year ago
Yeah, who needs to know how to sew to make clothes last longer?

Shein employees certainly don’t know how!

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