Shein Prepares For London Listing Despite US Tariff Woes: 'We’ve Already Started To Do Global Diversification'
11 Articles
11 Articles
Shein Prepares For London Listing Despite US Tariff Woes: 'We’ve Already Started To Do Global Diversification'
Donald Tang, the Executive Chair of fast-fashion retailer Shein, assured that the company is preparing for a London listing while dismissing concerns about the company's valuation.
Shein confirms IPO plans but timeline still uncertain
The boss of Shein has publicly confirmed plans for an initial public offering for the first time, but has yet to set out a timetable for a float. In an interview with the Financial Times, executive chairman Donald Tang did not offer a data or a prospective valuation for the e-commerce giant, but said “you’d want to IPO sooner than later”. In its most recent funding round, Shein was valued at $66bn, but some investors have called for its valuatio…
Shein chair publicly confirms IPO plans
Shein executive chairman Donald Tang has confirmed that the fast-fashion giant has plans to float on the stock market for the first time, with the London Stock Exchange being the company’s target. In an interview with The Times, Tang said he wanted the company to “embrace the…accountability and transparency of being a public company”. However, Tang refused to confirm any timeline or valuation for the listing saying Shein would list “whenever it …
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