Shein under pressure to cut valuation of planned London float – reports

美国之音

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BEIJING (Reuters) - Chinese fast fashion retailer Shein’s executive chairman Donald Tang said in a letter to investors on Monday that “growth remains strong” despite the United States’ suspension of duty-free treatment for low-priced Chinese e-commerce packages and higher tariffs, Reuters reported.

New York Post

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Shein under pressure to slash valuation to $30B ahead of London IPO: report

Shein shareholders are suggesting the online fast-fashion retailer may need to cut its valuation to $30 billion to get its IPO in the UK over the line, Bloomberg reported.

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Shein under pressure to cut valuation of planned London float – reports

The fast fashion retailer has been in talks over an initial public offering on the London Stock Exchange over the past 12 months.

n-tv.de

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The planned IPO is shifting and the owners are putting pressure on it. The online fast fashion company Shein is not really running around. US President Trump is also to blame for this. The company has to correct its valuation downwards.

South China Morning Post

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Shein faces investor pressure to slash valuation to US$30 billion: sources

Shein shareholders believe an adjustment is needed to help get its potential UK IPO over the line, say people familiar with the matter.

Bloomberg

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Shein Is Said to Face Investor Pressure to Slash Valuation to $30 Billion

Fast-fashion retailer Shein is under pressure to cut its valuation to about $30 billion, according to people familiar with the matter, having in the past been valued at more than three times that amount.