Shein’s China and ESG risk puts IPO on iffy ground

Shein’s China and ESG risk puts IPO on iffy g...

Up next

Heat-scorched Europe faces chilling future

EU policymakers envisage €700 bln of annual spending to hit its clean-energy targets, but only a fraction of that sum on adapting to an already-changed climate. In this week’s Viewsroom, Breakingviews columnists discuss the thin ice beneath an unsteady political consensus. Breaki ...  Show more

Shein’s fraying profit sets up drab IPO

The Chinese-founded fast-fashion retailer has released financial details ahead of its long-awaited Hong Kong float. In this Viewsroom podcast, Breakingviews columnists explain how a pushback against its business model in the West may have collapsed the valuation to just $10 bln. ...  Show more

Recommended Episodes

You Might Think Twice Before Buying Those New Jeans
Big Take

Shein is one of the biggest fast-fashion brands in the world. Young women and girls film their “Shein hauls” for TikTok — showing off piles of trendy, cheap clothes they bought from the Chinese company. It’s on track this year for sales around $8 billion in the US alone. But a ne ...  Show more

The wrinkle in Shein’s IPO plans
The Story of Money

In November, online fast-fashion giant Shein filed paperwork to go public in the US. Since then the process has not moved forward at all — and it looks like Shein’s ties to Beijing could be to blame. The FT’s China tech correspondent Eleanor Olcott explains how Shein has tried ...

  Show more

Shein wants to go public
Today, Explained

The Chinese apparel company Shein, a favorite of Gen Z shoppers and the latest frontier in US-China tensions, has indicated it plans to go public in 2024. In an episode we first released earlier this year, Vogue Business editor Hilary Milnes explains all the drama surrounding the ...  Show more

The Dow reshuffles on its new debut amidst Apple and Tesla stock split. China's new laws complicate the sale of TikTok. Berkshire Hathaway invests more than $6 billion in Japan's 5 leading trading companies.
First Move with Julia Chatterley

Zain Asher is live from New York. Here are the top business news stories today! Major market moves! The Dow reshuffles on its new debut amidst Apple and Tesla stock split. Trouble for TikTok - China's new laws complicate the sale of the video sharing app. Buffett's bet! Berkshire ...  Show more