The potential listing of Shein is a test of London’s allure
It would also intensify scrutiny of the fast-fashion giant
At its peak in 2005 the London Stock Exchange (LSE) attracted nearly one in five companies that went public globally. In 2023 that share was around 1% (see chart 1). To arrest this alarming decline the City’s regulators are loosening listing rules. And to show that it can still be a venue for blockbuster debuts, the LSE is chasing what would be its biggest-ever initial public offering (IPO)—for Shein, a fast-fashion giant and one of the most valuable startups in the world.
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This article appeared in the Britain section of the print edition under the headline “Shein on?”
Britain July 20th 2024
- A crisis in prisons gives Britain’s new government its first test
- Why do penguins struggle with modernist architecture?
- The potential listing of Shein is a test of London’s allure
- Can Britain’s “mission-led” government defy gravity?
- Britain is a home but not a haven for Hong Kongers
- The secret to good government? Actually trying
From the July 20th 2024 edition
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