Shein Shifts IPO Plans to London Amid U.S. Regulatory Hurdles

The fast-fashion giant faces political and security concerns in the U.S., prompting a potential $63 billion offering in the U.K.

Shein initially filed for a U.S. IPO in November but encountered significant resistance from federal and state officials.
Concerns over national security, forced labor, and data privacy have fueled bipartisan scrutiny of Shein's U.S. IPO plans.
The company is now preparing to file for a $63 billion IPO in London, where regulatory conditions may be more favorable.
Some investors are growing impatient with Shein's fundraising efforts and are considering selling their shares privately.
Shein's extensive supply chain in China and its rapid market growth in the U.S. continue to draw both consumer interest and political attention.