Connect with us

Hi, what are you looking for?



Shein aims for a $90 billion valuation with its filing for US IPO

Image source: Kaspars Grinvalds@ Shutterstock

Shein is reportedly getting ready to go public on the US stock market.

According to the Financial Times, the Chinese fast fashion giant has submitted confidential paperwork to the US securities regulator with the help of JP Morgan, Morgan Stanley, and Goldman Sachs.

This move, if confirmed, would mark one of the largest IPOs of the decade.

The recent development echoes earlier predictions that Shein was planning to go public on the New York Stock Exchange after forecasting a revenue increase to $49.8 billion by 2025.

Shein’s previous attempt to list in the US in 2020 was postponed due to market uncertainties at the time.

Furthermore, Shein’s acquisition of Missguided from Frasers Group last month, its first British brand purchase, has been making headlines. The company has also expressed interest in bidding for Topshop as part of its efforts to bolster its fashion offerings.

Image source: Kaspars Grinvalds@ Shutterstock

You May Also Like


Most people in the world require a job to fulfill their basic necessities and build simultaneously to live to the fullest. It may take...


Now, the knitwear trend seems limitless with many possibilities, which makes shopping for comfort staples one of the highlights of our winter wardrobe piece....


Get ready for the new Fall/Winter 2021 collection from Charles & Keith and we already have our favorites. Charles & Keith are excited to...


It’s just blinked and a year has passed and we can’t believe that Christmas is around the corner. When you see a necklace, earring...