Source: International Business Times
Shein could launch the IPO later this week and plans to issue as much as 8% of its total shares. Julie Sebadelha/AFP via Getty Images Shein could enter the public markets worth only about a quarter of its peak private valuation, highlighting how dramatically the outlook has changed for the fast-fashion giant as tariffs, regulatory scrutiny and slowing sales take their toll. The company is targeting a valuation of around $25 billion for its long-awaited Hong Kong initial public offering, according to people familiar with the deal.
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