The preparations don’t necessarily mean an IPO is imminent, the people added. While the aim is for a second-half listing, there is no guarantee the company will proceed with a London IPO, one of the people said.
Online fashion retailer Shein confidentially filed papers with the UK authorities for a potential listing in London, according to people familiar with the matter.
The timing of an initial public offering, which would likely be London’s biggest in more than a decade, wasn’t immediately clear as Shein is still awaiting approval from the Chinese securities regulator, the people said. An IPO could value the fast fashion giant at about £50 billion (US$63.3 billion), Bloomberg reported this month.
