Shein Faces Hurdles as It Eyes IPO Amid Forced Labor Allegations and Other Concerns

SalesMoney Matters
Written By Jennifer Joslyn

Shein, the fast-fashion retailer with a reported valuation of $66 billion, is looking to go public but faces several hurdles. These challenges include allegations of forced labor in its supply chain, concerns about its ties to China, copyright infringement lawsuits, and sustainability concerns regarding its fast-fashion model. Shein is taking steps to address these issues and is considering an IPO as early as 2024, but it must navigate these obstacles to win over potential investors.

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Jennifer Joslyn
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