Mykhailo Hlushko’s Post

SHEIN IPO could come this week Bloomberg reports, citing anonymous sources, that Shein's highly anticipated London IPO filing could come as soon as this week. The filing would value the company at around $64 billion. That would make the online fashion giant one of the biggest IPOs ever filed in the U.K., a significant benefit for London. The city has lost many primary listings to New York in recent years. Shein, founded in China and headquartered in Singapore, reportedly canceled plans for a U.S. IPO due to regulatory pushback. The retailer will still need approval from Chinese authorities before listing. #Shein #IPO #LondonIPO #FashionIndustry #Investment #GlobalMarkets #TechNews #FinancialNews #BusinessStrategy #LondonStockExchange #BusinessNews  

SHEIN plan to IPO in London -- likely good news for the UK financial market. The growth of this business -- and its profitability -- has been eye-watering, and I'm sure that will continue. I wish them well. I'm interested to see how this online fashion heavyweight now demonstrates leadership responsibility -- especially in the areas of human rights and sustainability. All companies must now take responsibility of their entire value chain, including all upstream manufacturing and transportation, through to end-of-life treatment of products. Companies will need to do this because regulation is coming. More importantly, they need to do this because it is the right thing to do. #onlinefashion #fashionretail #esg #sustainability

🌟 Could SHEIN's IPO End London's Drought? 🌟 Shein's highly-anticipated London IPO filing could come as soon as this week, valuing the company at around $64 billion, according to Bloomberg. 𝐓𝐡𝐢𝐬 𝐰𝐨𝐮𝐥𝐝 𝐦𝐚𝐤𝐞 𝐒𝐡𝐞𝐢𝐧 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐛𝐢𝐠𝐠𝐞𝐬𝐭 𝐈𝐏𝐎𝐬 𝐞𝐯𝐞𝐫 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐊—𝐚 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐥𝐢𝐟𝐞𝐥𝐢𝐧𝐞 𝐟𝐨𝐫 𝐋𝐨𝐧𝐝𝐨𝐧’𝐬 𝐬𝐭𝐫𝐮𝐠𝐠𝐥𝐢𝐧𝐠 𝐬𝐭𝐨𝐜𝐤 𝐞𝐱𝐜𝐡𝐚𝐧𝐠𝐞. 🌐 📊 Key Highlights: 1️⃣ 𝐌𝐚𝐣𝐨𝐫 𝐁𝐨𝐨𝐬𝐭: Shein’s IPO could be a much-needed coup for the London Stock Exchange, which has seen many listings move to New York. 2️⃣ 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐇𝐮𝐫𝐝𝐥𝐞𝐬: Despite its valuation, ethical and regulatory challenges loom, including scrutiny over Shein’s supply chain transparency and labor practices. 3️⃣ 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐒𝐡𝐢𝐟𝐭: Initially aiming for a New York listing, Shein shifted focus to London due to regulatory pushback in the US. 4️⃣ 𝐏𝐨𝐥𝐢𝐭𝐢𝐜𝐚𝐥 𝐂𝐥𝐢𝐦𝐚𝐭𝐞: The UK’s Labour Party supports attracting global companies like Shein to boost investment and economic growth, emphasizing high regulatory standards. 5️⃣ 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐦𝐩𝐚𝐜𝐭: Amid US-China tensions, Shein’s London IPO could be a significant development, reflecting broader shifts in global financial markets. Are you planning to buy SHEIN shares? #Ecommerce #IPO #LondonStockExchange #FastFashion #Shein #Investment #MarketRevival #Sustainability #EmerceConsulting

Shein's (confidential) IPO Buzz! Shein, the Chinese fast-fashion giant, has confidentially slipped its IPO paperwork under the US SEC’s doors. This could apparently be one of the largest US listings in the past decade. JPMorgan Chase, Morgan Stanley, and Goldman Sachs are advising on this significant move for the retailer, which gained massive popularity during the pandemic. Backed by heavyweights like Mubadala, Sequoia China, and General Atlantic, Shein was valued at $100bn in 2022 – outshining even Zara and H&M combined, reported by Forbes. But hey, the valuation rollercoaster hit a dip this year, landing at $64bn, thanks to interest rate hikes and market uncertainties. Still, don't count Shein out – recent projections hint at a colossal revenue leap from $22.7bn in 2022 to a jaw-dropping $58.5bn by 2025! Now, here's the tea: If all aligns in the fashion cosmos, you could subscribe to the IPO as soon as 2024. But wait, Shein's not just donning roses; it's also handling thorns. The retailer's faced heat for alleged use of forced labor in China's Xinjiang region. State attorneys are watching closely, with CNBC reporting 16 of them urging the SEC to tap the brakes until Shein can prove that it doesn’t use forced labor. Shein denies the accusations, Bloomberg says. How do you see this move impacting the retail scene and the market at large? Plus, let's not forget the recent Birkenstock IPO fumble. Will Shein soar where others stumbled? Share your thoughts. #Shein #IPO #IPOVibes #FashionRevolution #RetailInsights #InvestorTalk

📈 Shein's impressive 40% revenue growth and profit boost in 2023 has caught the attention of potential IPO investors. The online fashion retailer has positioned itself as a lucrative investment opportunity with its strong financial performance. As the company continues to expand its global presence, driving growth and profitability, the outlook for potential investors looks promising. With e-commerce thriving in today's market, Shein's success story reflects the company's ability to adapt and thrive in a competitive industry. The sustained growth trajectory and increased profitability underscore Shein's potential for long-term success, making it an attractive prospect for investors seeking high-growth opportunities. #SheinIPO #FashionRetail #InvestmentOpportunity https://ift.tt/IWp8wnb

LONDON IPO FOR SHEIN WOULD HELP REPAIR DAMAGE FROM US DEFECTIONS Bloomberg 🤔 Fashion retailer SHEIN was valued at $50 billion in private trades 😮 CRH, Ferguson, Flutter switched primary listings to New York A potential initial public offering from online fashion retailer SHEIN in London would claw back a chunk of the combined blow the market suffered from companies shifting their primary listings to New York. China-founded Shein has achieved a valuation of $50 billion in private trades, a chunky figure that would lift the spirits of executives at the ailing London bourse, which has largely missed out on a revival of European IPOs. “This would be a boost for the City,” said Susannah Streeter, head of money and markets at Hargreaves Lansdown. “There is now an end in sight to the IPO drought.” A Shein listing in London would not come without controversy. The company is exploring this option as it has judged it unlikely that the US Securities and Exchange Commission will approve a New York IPO, Bloomberg reported in February. US Senator Marco Rubio was among those asking the SEC to block it, saying the company needs to disclose more about its operations in China. 😚 Younger Investors For its part, the London bourse contends that there is more to success than new listings. “IPOs are not the sole indicator of the health of the UK capital markets,” a spokesperson for London Stock Exchange Group Plc said in an emailed response to questions. “Equity capital raised in London has increased over 38% year on year, and more equity capital has been raised in London than on the next two largest European exchanges combined,” the spokesperson added. £7.4 billion ($9.4 billion) has been raised in London this year, mostly through follow-on offerings, according to data compiled by Bloomberg. “Having Shein may add a touch of youth to the perception of UK stocks,” she said. “To many younger investors, the FTSE 100 may appear old-fashioned and boring. I think having Shein amongst the biggest constituents may help raise awareness and interest in UK stock indices amongst a younger generation of investors, because Shein appeals and markets very well to that demographic profile.” learn more: https://lnkd.in/ebVn6QZu #ai #investment #web3 #metaverse

How Much Stronger Does Shein's Fulfillment Get With a Massive IPO Seems like Shein is making plans to quickly move forward with their IPO. Tired of the challenges with US regulators, they're going to list on the London Stock Exchange. This isn't a surprise, they've been talking about it for a while. It's highly likely they will be able to fast track on the LSE (it's importance has been dwindling and they would benefit from the surge Shein would bring). An influx of capital would add even more pressure to the North American fashion industry. With that boost, Shein will accelerate their inventory holdings in the US and Canada and be able to boost their air freight even more. Masters at pushing consumers to buy on promotions and gamification, they'll have even more money to fund their aggressive sales tactics. How much more can domestic brands take? Shein (and other Chinese brands) are relentless with their focus to establish a stronghold in North America. -------- ---------- ---------- ---------- ---------- Would your network find this interesting? Be the first to get it to their feed by commenting or sharing Get my Deeper Dives newsletter 1x/wk 👇 https://lnkd.in/dCsUAauR Want to submit a question for me to write about 👇 AMA: https://lnkd.in/e3RjBiJD https://lnkd.in/eK9U4nay

Shein #IPO Would Be London’s Largest Ever Stock Market Flotation   Singapore-headquartered online fashion colossus Shein is expected to file paperwork for London’s biggest ever stock market flotation, possibly this week.   After repeated attempts to move forward with listing its shares in the U.S. have been thwarted by an increasingly frosty business relationship between the U.S. and China, widespread reports over the weekend said that Shein, valued at $66 billion as of a fundraising last year, is close to filing a prospectus confidentially to the U.K.'s Financial Conduct Authority for the listing on the London Stock Exchange.   https://lnkd.in/gFwdCgZ2   Barry Kiront Stephen Kiront Scott Riemer Craft Capital Management, LLC #craftcapital #CapitalRaising #InvestmentBanking #Uplistings #GoPublic #SmallCap #MicroCap #CraftCapital

Sustainable fashion companies should just give up & go home! SHEIN looking at £53bn IPO in London - WOW 🤢 Is this the death of sustainability in fashion? What is the point, when you are up against this.... 📢 SHEIN account for 1/5 of the global fast fashion market. 📢 They take up about 1/3 of global long-distance cargo aircraft capacity. 📢 They ship 5000 tonnes daily. 📢 They manufactured 21m metric tonnes of synthetic fibre fabrics between 2018-2023. 📢 They have a huge demand for oil (oil based products). 📢 Staff in their supplier factories working 75 hours per week. 📢 Fast fashion is the biggest contributor to global carbon emissions. 📢 Typically SHEIN products are worn less then 6 times!!!! Fast fashion but at what cost? So you can get a t-shirt / dress cheaper than your local high street? Now they are floating & looking at a £53bn valuation BONKERS! Does the govt need to do more to stop this? #fastfashion #circularfashion #retail #ecommerce Inco Talent Brookwood Recruitment Ltd https://lnkd.in/dRVVeVwj

The IPO of fashion giant Shein could be one of biggest in years—if the company successfully navigates a minefield of U.S.-China tensions.  China-founded Shein, now based in Singapore, has quickly become one of the world’s largest fast-fashion retailers, valued at around $66 billion in its most recent fundraising round last year. Now its IPO depends on its ability to satisfy authorities on both sides of the Pacific. Two months after Shein confidentially filed for an IPO, the U.S. SEC has yet to respond in writing to its filing, according to people familiar with the matter. The delay is highly unusual, capital-market attorneys and bankers say. The reasons for the SEC’s silence aren’t clear. People close to the company and in Washington say it could reflect the agency’s reluctance to take on a hot-button issue with potential political implications.  Meanwhile, Shein has filed the paperwork for its U.S. application with the China Securities Regulatory Commission and is in continuing discussions with the regulator, according to people familiar with the matter. The Wall Street Journal #ipo #shein #uschinarelations #capitalmarkets