Fast Fashion

Shein aiming for $90bn valuation as it eyes US initial public offering

The company has told prospective investors that it’s aiming to fetch a valuation of $80 billion to $90 billion in a listing

Founded in China more than a decade ago, Shein has pioneered ultra-fast fashion

Shein, the Chinese-founded fast-fashion giant, is touting its hopes for a valuation of as much as $90 billion (€84 billion) as it lays the groundwork for an eventual US initial public offering, a level that far exceeds how the fast-fashion giant is valued in private trades, according to people familiar with the matter.

The company has told prospective investors that it’s aiming to fetch a valuation of $80 billion to $90 billion in a listing, ...