The decision comes after France fined the retailer €40mn in July over fake discounts and misleading environmental claims.

But just in case Reddit fails to do an IPO yet again, we have other names on hand. Shein is also considering a public offering in the United States next year, the Wall Street Journal reported.

Shein has aggressively grown its revenues over the last several years and could generate more than $30B in sales this year. Learn more about the Shein IPO here.

Shein's proposed London listing was also seen as providing a much needed boost to the U.K.'s lackluster IPO market after a string of delistings and defections amid intense competition from other ...

Shein’s revenues in 2022 were $22.7 billion and it is targeting annual revenues of $58.5 billion in 2025. Shein is building its empire off of throwaway clothing, designed to be worn only once or ...

Shein spent months filing paperwork and lobbying Washington politicians to get permission for a New York IPO, hoping to list at an $80 billion to $90 billion valuation—more than Roblox and ...

Singapore-headquartered Shein is preparing to file a prospectus for its IPO that could value it at around £50 billion ($63.7 billion), Sky News reported Sunday.

The Shein IPO news comes during the heat of Britain’s general election cycle. Many pollsters expect the Labour Party to triumph over the Conservatives on July 4, ending the Tories’ 14-year reign.

Shein plans to change the listing venue as it had not yet received approval for its London IPO from Chinese regulators, notably the China Securities Regulatory Commission (CSRC), the two sources said.

Shein's embattled IPO signals mounting troubles for fast fashion giant By Karen Gilchrist, CNBC • Published May 30, 2025 • Updated on May 30, 2025 at 3:04 am ...