Shein’s $100 Billion Valuation Falls to $26 Billion

Shein is pursuing a Hong Kong initial public offering at a valuation of approximately $26.5 billion, according to Bloomberg News. The valuation represents a decline from its $100 billion peak in 2022. Previous listing attempts in New York and London faced regulatory obstacles. The fast-fashion company is pitching investors on expanding beyond its core brand through acquisitions or partnerships with other labels.

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