Shein has confidentially filed to go public and could start trading on the public markets as soon as next year, people familiar with the matter said.
  • Shein has confidentially filed to go public and is moving forward with its long-rumored IPO.
  • The retailer was last valued at $66 billion.
  • Shein has tapped Goldman Sachs, JPMorgan and Morgan Stanley to be the lead underwriters on the offering.
  • garretble@lemmy.worldEnglish
    5·
    1 year ago

    Sounds great. I don’t want clothes that last more that 2 washes, personally. So great for the environment.

    • Snot FlickermanEnglish
      2·
      1 year ago

      Yeah, who needs to know how to sew to make clothes last longer?

      Shein employees certainly don’t know how!