Shein Confirms Plans for London Stock Market Listing

The fast-fashion giant aims to increase transparency and accountability while facing scrutiny over labor practices, environmental impact, and U.S. trade policy changes.

Shein's executive chairman, Donald Tang, has confirmed the company's intention to pursue an IPO, with London considered the likely destination after U.S. regulatory challenges.
The company seeks to embrace public accountability and transparency, positioning itself as a British local company registered in the U.K. and paying taxes there.
Shein's valuation, once as high as $66 billion, is reportedly under pressure from investors to be reduced to $30 billion, though Tang denies internal discussions about valuation changes.
The company faces political and regulatory scrutiny over its supply chain practices, including allegations of forced labor in Xinjiang, which it denies, and environmental concerns tied to its fast-fashion model.
U.S. President Trump’s proposed elimination of the 'de minimis' tariff exemption for goods under $800 could impact Shein's largest market and further complicate its IPO plans.