IPO, London and SHEIN

Shein Profit Dropped Last Year, Further Challenging IPO, FT Says
Fast-fashion retailer Shein’s profit slumped by almost 40% last year, putting further pressure on a potential initial public offering in the UK, the Financial Times reported, citing people it didn’t identify.
Shein profits slump in fresh challenge to long-planned London IPO
As a private company, Shein does not publish profit guidance but the 2024 figures were far lower than the $4.8bn in net profit and $45bn in sales the company had projected for 2024 in a presentation to investors in early 2023, which was seen by the FT. Shein did not respond to a request for comment.
Shein profits fall amid London IPO
Shein's net profit reportedly slumped by nearly 40% to $1bn (£790,000) in 2024, adding to its challenges ahead of a long-planned London stock market listing.
Shein's annual profit down by more than a third, FT reports
Online fast-fashion retailer Shein's profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the Financial Times reported on Sunday.
Shein profits sink in ahead of London IPO
Shein’s profits plunged by more than a third last year in a fresh blow to its highly anticipated flotation on the London Stock Exchange.
Shein profit slumps as Temu gains ahead of London IPO
Shein’s net profit fell by almost 40 per cent in 2024, raising doubts about its long planned London stock market listing. Shein’s profits dropped by more than a third last year, adding to the fast fashion group’s challenges ahead of a long-planned flotation that would be one of the biggest on the London stock exchange
Shein's IPO to Be Delayed to Second-Half After US 'De Minimis' Repeal, FT Reports
Shein and rival Temu together probably accounted for more than 30% of all packages shipped to the U.S. each day under the de minimis provision, the U.S. congressional committee on China said in a 2023 report. The measure exempted shipments of less than $800 from import duties.
Shein's 2024 profit dropped nearly 40%: report
Fast fashion retailer Shein’s profit dropped by a more than a third last year, ahead of the company’s planned initial public offering in London, the Financial Times reported Sunday, citing two people familiar with the matter.
Shein faces investor pressure to slash valuation to $30 billion ahead of London IPO, Bloomberg News reports
Online fast-fashion retailer Shein is under pressure to cut its valuation to about $30 billion ahead of its London listing, ...
The Economist3d
Shein attempts to mend its public image before its London debut
A listing should be a boon for investors. A valuation of £51bn ($66bn) would make Shein, which was founded in China but is ...
The Irish Times10d
Shein IPO plans hit by Trump’s low-cost parcels crackdown
The group, founded in China and headquartered in Singapore, filed confidential papers in June last year with UK regulators ...
New York Post6d
Shein under pressure to slash valuation to $30B ahead of London IPO: report
Online fast-fashion retailer Shein is under pressure to cut its valuation to about $30 billion ahead of its London listing, Bloomberg News reported on Monday, citing people familiar with the matter.
Shein pode ter valuation reduzido para viabilizar IPO
A varejista de fast-fashion Shein está sob pressão para cortar seu valuation para cerca de US$ 30 bilhões, de acordo com ...
Exclusive: Shein executive seeks to reassure investors after Trump crackdown on low-value imports
Fast-fashion retailer Shein's executive chairman Donald Tang told investors in a letter on Monday that "growth remains strong ...
devdiscourse6d
Shein Faces Rising Challenges Amid Duty-Free Policy Shift
Shein's executive chairman reassures investors about ongoing strong growth despite U.S. ending duty-free treatment on ...