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Sources: Shein's 2024 sales rose 19% YoY to $38B, below the forecast made in 2023; some investors push Shein to cut its valuation from $66B to ~$30B for an IPO (Financial Times)
Financial Times: Sources: Shein's 2024 sales rose 19% YoY to $38B, below the forecast made in 2023; some investors push Shein to cut its valuation from $66B to ~$30B for an IPO — Competition from Temu adds to pressure on fast-fashion group's valuation as it seeks approval for UK listing
Financial Times:
Sources: Shein's 2024 sales rose 19% YoY to $38B, below the forecast made in 2023; some investors push Shein to cut its valuation from $66B to ~$30B for an IPO — Competition from Temu adds to pressure on fast-fashion group's valuation as it seeks approval for UK listing
