China's Shein faces laundry list of concerns over possible London IPO

Analysts cite questions for apparel retailer on ESG, Beijing approval, valuation

20240607 Shein in London

Chinese online fashion retailer Shein is rumored to be seeking to list its shares in London in an initial public offering estimated to be worth $66 billion. © Reuters

ECHO WONG and RHYANNON BARTLETT-IMADEGAWA, Nikkei staff writers

HONG KONG/LONDON -- Speculation that Shein is planning to list in London reached a fever pitch this week, but market observers say the Chinese fast-fashion retailer has several obstacles to overcome before -- or even if -- it launches an initial public offering.

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