IPO, SHEIN and FT

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'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 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'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, ...
Shein under pressure to slash valuation to $30B ahead of London IPO: report
Shein is aiming to go public in London in the first half of this year, pending regulatory approvals in the UK and China, ...
devdiscourse18h
Shein Faces Financial Hurdles Amid Upcoming London IPO
Shein, a major online retailer, faces financial challenges ahead of its planned London IPO. The company's net profit fell by nearly 40% to $1 billion in 2024, despite a 19% rise in sales reaching $38 ...
Shein’s IPO haste implies an ill-fitting outcome
Listing a company’s shares is a delicate art. Bankers try to find the perfect time to tap the market, and sell a vision of ...
Shein $30 Billion IPO Would Still Be a Stretch
Shein Group Ltd. is under pressure to cut its valuation to about $30 billion as it prepares to go public, Bloomberg News ...
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 ($66bn) would make Shein, which was founded in China but is ...
The Irish Times9d
Shein IPO plans hit by Trump’s low-cost parcels crackdown
The group, founded in China and headquartered in Singapore, filed confidential papers in June last year with UK regulators ...
Shein pode ter valuation reduzido para viabilizar IPO
A varejista de fast-fashion Shein está sob pressão para cortar seu valuation para cerca de US$ 30 bilhões, de acordo com ...
Shein under 'pressure' to slash valuation to $30bn ahead of London IPO
Bloomberg News said the fast fashion giant's shareholders were calling to adjust the valuation to ensure the initial public ...
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 ...