Chinese fast-fashion giant Shein is exploring whether a return of its headquarters to China could put its planned IPO back on track. As attempts to join the stock exchange in London or New York have stranded, the company is returning home with its tail between its legs.
Third attempt
Shein is reportedly in talks with legal advisers about establishing a Chinese holding company. This is notable because the company is originally Chinese, but established its headquarters in Singapore in 2022 – precisely to facilitate an IPO in the West. For now, it appears that these are only exploratory talks.
