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Shein

All articles tagged with #shein

business1 day ago•2 min saved

Beijing threatens France over ultra-fast-fashion crackdown targeting Shein and Temu

China condemned France’s anti-ultra-fast-fashion law as discriminatory against Chinese platforms like Shein and Temu and warned it may take measures to defend Chinese firms; Paris says the producer-focused levy, which scales per item from 0.25 to 12 euros in 2026 (rising to 20 euros by 2030), is meant to curb environmental impact and shield domestic clothing makers and may be passed on to consumers. The report also notes Shein’s subdued IPO and its HQ move to Singapore.

via Euronews.com|

#business #france #shein

business1 day ago•6 min saved

Shein pivots to marketplace growth and Europe expansion after IPO

Fresh from a delayed Hong Kong listing, Shein faces tighter US/EU rules while pushing growth through its third‑party marketplace and outside-brand partnerships via the Xcelerator. It has bought brands like Missguided and Everlane (the latter under CFIUS review), expanded warehouses in Europe, and opened a Paris store, as it seeks new revenue streams amid slowing margins and mounting regulatory scrutiny.

via Financial Times|

#business #ecommerce #ipo

ipos3 days ago•4 min saved

Shein’s HK debut stumbles as stock slides on opening day

Shein’s long-awaited Hong Kong IPO priced at HK$48.56 per share, raising HK$13.6bn and valuing the group at just over $26bn; the stock slid up to 10% on its first trading day before finishing near flat at HK$48.50, a muted debut after years of regulatory scrutiny and amid broader risk to consumer IPOs as trade tensions loom and previous private rounds valued the company much higher (around $100bn in 2022, later about $66bn).

via Financial Times|

#fashion #hong-kong #ipo

world3 days ago•2 min saved

France targets ultra-fast fashion with stepped fees to curb cheap online clothes

France has begun charging per-item levies on ultra-fast fashion products sold online, targeting items from Shein, Temu and AliExpress. The levy, which comes into force now and rises over time to as much as €19.50 per item by 2030 (capped at 50% of the pre-tax price), is calculated from two factors: the volume of clothing placed on the market and the repair cost relative to the purchase price. For 2026, charges range from €0.50 for underwear to €12 for a jacket. The policy exempts some European retailers like H&M and Zara. France says the move aims to curb environmental and economic harms of ultra-fast fashion, while critics, including China, warn it could spark trade frictions. Shein recently achieved a roughly $26 billion valuation after its HK debut, underscoring the broader debate over fast fashion.”,

via BBC|

#e-commerce-regulation #france-levy #shein

business3 days ago•2 min saved

Shein’s Hong Kong debut slides as market doubts temper the hype

Shein’s first day of trading in Hong Kong fell about 8%, valuing the company around $24 billion and well below its 2022 peak, as regulatory scrutiny and tariff changes weigh on growth and investor appetite remained tepid. The IPO was modest in demand, with the retail and international tranches only lightly oversubscribed, and cornerstone investors locked up for six months after selling roughly 6.6% of enlarged equity. Beyond the listing, Shein is expanding into a marketplace model (including the Everlane acquisition) to diversify beyond ultra-cheap in-house fashion, but higher customs duties, tariffs, and logistics costs in Europe and the Middle East are pressuring margins. Net income fell 39% last year and the company swung to a loss in Q1, while management signaled ongoing execution to widen brands and partnerships. CEO Sky Xu did not speak at the ceremony; CFO Leigh Gui spoke at the opening.

via NBC News|

#business #hong-kong #ipo

markets3 days ago•6 min saved

Shein's Hong Kong IPO reveals a bruising valuation gap

Shein priced its Hong Kong IPO at HK$48.56 a share, raising about HK$13.6bn and valuing the company at roughly $26bn—well below its private peak—despite tepid demand and cornerstone commitments around 22%. The shares slid up to 10% on debut before recovering, underscoring investor caution about growth, margins and regulatory risks (EU Digital Services Act) plus anti-dilution provisions for early investors. With de minimis duty-free exemptions fading, the business may become more capital-intensive; the listing highlights a valuation gap between private hype and public pricing, though it does not doom Shein if margins recover.

via Financial Times|

#hong-kong #ipo #markets

business4 days ago•6 min saved

Shein launches Hong Kong IPO amid growing scrutiny and market headwinds

Shein lists in Hong Kong after years of trying for a US/UK debut, pricing below the top of the range and raising HK$13.6bn for a roughly $26.3bn valuation as it faces scrutiny over labor practices, environmental impact, and tariff pressures amid slower growth.

via BBC|

#business #fast-fashion #hong-kong

business4 days ago•343 min saved

Shein’s Hong Kong IPO: a glittering debut shadowed by hurdles

Shein is pursuing its long-anticipated listing in Hong Kong, aiming to raise about $1.7 billion and value the company around $26 billion, far below its 2022 peak. Investor enthusiasm has cooled amid competition from Temu, geopolitical pressure, sustainability and labor-practices concerns, and questions about growth prospects. The company has faced declining margins and profits, posting a 39% drop in net income last year and a $99 million loss in Q1, while earlier attempts to list in New York and London failed and the group has leaned on a re-emphasis of its Chinese roots to navigate a tougher market environment.

via CNN|

#business #fast-fashion #hong-kong

business10 days ago•14 min saved

Shein’s IPO Valuation Falls to $27B, Far From Its Peak

Shein disclosed plans for an IPO in Hong Kong valuing the company at about $27 billion, a sharp drop from its 2022 peak near $100 billion; the fast-fashion giant, which surged during Covid, posted a quarterly loss of about $99 million and faces headwinds from tariff policy shifts and market pressures that weigh on investor enthusiasm.

via Gizmodo|

#business #hong-kong-stock-exchange #ipo

$Shein’s IPO loses shine as Hong Kong listing targets a fraction of its peak value$

business11 days ago•8 min saved

Shein’s IPO loses shine as Hong Kong listing targets a fraction of its peak value

Shein’s long-gestating public listing is finally moving forward in Hong Kong at roughly a $25.7–$26.8 billion valuation—about a quarter of its 2022 peak—after years of regulatory scrutiny, tax-exemption changes, labor and Xinjiang-related concerns, and rising competition from Temu; the company seeks to raise about $1.7–$1.8 billion, has shifted focus from London to Hong Kong, and disclosed a Q1 net loss while signaling pricing adjustments to offset higher tariffs, illustrating a geopolitically charged, cautious path for ultra-fast fashion IPOs.

via Financial Times|

#asia-pacific-companies #business #chinese-business-and-finance

business25 days ago•4 min saved

Shein eyes Hong Kong IPO at sub-$30bn as demand cools

Shein is pursuing a Hong Kong IPO at a sub-$30bn valuation—about 70% below its peak—after failed NY and London listings, with internal targets near $30bn; the fast-fashion group faces tariff shifts, supply-chain scrutiny, and rising competition from Temu, and reported a Q1 net loss of $99m as profits shrink.

via Financial Times|

#business #hong-kong #ipo

finance25 days ago•12 min saved

Shein Poised for IPO With $22–$25B Valuation, BI Projects

Bloomberg Intelligence estimates Shein Global Holdings’ pre-IPO value at about $22–$25 billion, implying a multiple of roughly 13–15x projected 2027 earnings. Analysts expect earnings to reach about $1.67 billion in 2027 and grow around 20% annually through 2029, with BI noting the firm’s hybrid model—China-linked marketplace and global fast-fashion retailer. The valuation is below some investor targets (~$30B) and far under the $66B raised in 2023; Shein’s peak valuation was about $100B in 2022. BI also flags regulatory, tariff, and shipping-cost risks given its China-heavy supply chain as it readies for a high-profile IPO later this year.

via Yahoo Finance|

#bloomberg-intelligence #earnings-2027 #finance

business25 days ago•6 min saved

Tariffs squeeze Shein's revenue, prompting pivot before Hong Kong IPO

Shein’s IPO filing shows tariff-related price hikes in the U.S. and Europe are dampening demand, with U.S. sales down and Q1 profits erased, signaling a short‑term growth drag as Europe faces similar cost pressures; the company is pursuing higher‑margin side businesses like a third‑party marketplace and brand enablement to bolster profitability ahead of its Hong Kong listing.

via CNBC|

#business #europe #ipo

business1 month ago•2 min saved

FTC Probe Hits Shein’s U.S. Unit Ahead of Hong Kong Listing

Shein disclosed in its Hong Kong IPO filing that the U.S. Federal Trade Commission is investigating its U.S. business. The scope of the probe wasn’t disclosed, but the company says it is cooperating and that a settlement could entail material monetary payments. The FTC’s focus includes deceptive practices and “dark patterns” such as countdown timers used to spur purchases. Shein’s HK listing was approved and timing for trading remains unclear, with the company having previously pursued a U.S. listing before turning to London and Hong Kong.

via CNBC|

#business #consumer-protection #dark-patterns

business1 month ago•2 min saved

Shein blames tariffs for Q1 loss as it eyes IPO

Shein posted a $99 million loss in Q1 2026, reversing a $395 million profit a year earlier, and attributed the decline to higher U.S.–China tariffs after the end of the de minimis exemption. U.S. revenue fell 14.3% to $2.04 billion and the U.S. share of revenue declined as duties on Chinese-origin goods shipped to the U.S. rose to 10%-87.5%. The company plans to offset costs with price increases under a cost-plus strategy and is seeking funding as it prepares for an IPO; EU import-fee changes and regulatory scrutiny also frame the broader pressure.

via USA Today|

#business #e-commerce #ipo