Shein doubles profits as it waits for IPO approval
Fast fashion retailer Shein doubles profits as it awaits IPO approval. Company founded in China and promoted on social media is thought to be considering London listing. Shein doubled profits in first half of last year as it waited for approval of IPO approval from Chinese government. Company is said to be planning London IPO and may consider London IPO.
Chancellor Jeremy Hunt is campaigning to persuade Shein to list its shares in the UK. This is certainly one of the fashion giant's biggest fashion trends to watch. Jeremy Hunt: 'Shein disrupting fashion - will it have same effect on stock market?' Jeremy Hunt wants to see Shein listed in UK as a fashion giant.
Chancellor Jeremy Hunt is campaigning to persuade Shein to list its shares in the UK. This is certainly one of the fashion giant's biggest fashion trends to watch. Jeremy Hunt: 'Shein disrupting fashion - will it have same effect on stock market?' Jeremy Hunt wants to see Shein listed in UK as a fashion giant.