NewsCNBC: Shein files for US IPO as fast-fashion giant looks to expand its global reach

November 28, 2023by 0

CNBC reports: 
Shein has confidentially filed to go public in the U.S. as the Chinese-founded fast-fashion juggernaut looks to expand its global reach with a long-rumored initial public offering, CNBC has learned. 
The retailer was last valued at $66 billion and could be ready to start trading on the public markets as soon as 2024, people familiar with the matter said Monday. 
It is unclear how much the company is currently worth, but …

The post CNBC: Shein files for US IPO as fast-fashion giant looks to expand its global reach appeared first on The Loadstar.

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