What Shein needs to avoid a London IPO bust

Quick Summary:

Shein denies allegations about forced labour in its cotton supply chain.

For a start, Shein needs to be much clearer about why it wants to float at all.

UK fund managers are wary of the second scenario when it comes to the ecommerce group’s potential IPO in London.

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Article Details

Category: MarketsFinanceInvesting

Markets: United StatesCayman IslandsChinaHong Kong

Topics: Managers London Shoppers Financial Float Fund Small Rights Investors Tang Shein

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-26 @ 04:00:11 (3 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 519 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21391465

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 14 posts per day

Year Established: 1888

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News Last Updated: 10 hours ago

Coverage Areas: United States

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Publisher ID: #3

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