Shein valuation drops to $25B, IPO slated for this week - Reuters (SHEIN:Private)
· seekingalpha.com
Shein’s Hong Kong IPO valuation may drop to ~$25B amid counterfeit crackdowns, U.S. trade policy shifts and rising rivals.
Regulatory efforts to crack down on fashion knock-offs are taking a toll on Shein’s (SHEIN) valuation, which has fallen to a quarter of the value projected fo...