Connect with us

Fashion

Fashion firm Shein to file 50 billion pound London IPO prospectus, Sky reports

Published

on

Fashion firm Shein to file 50 billion pound London IPO prospectus, Sky reports

Shein sign during its opening, at ABC Serrano, on 26 April, 2024 in Madrid, Spain. 

Alejandro Martinez Velez | Europa Press | Getty Images

Online fashion firm Shein is preparing to file a prospectus with Britain’s Financial Conduct Authority for approval ahead of a potential London float which could value it around 50 billion pounds ($63.70 billion), Sky News reported on Sunday.

The confidential filing could take place as soon as the coming week, the report added, citing sources.

Continue Reading