Shein Gains UK Approval for London IPO, Awaits China Approval

Retail
Written By Rick Watson

SHEIN is a global online fashion and lifestyle retailer with a unique business model, global presence and strong leadership.

Online fast-fashion marketplace Shein has reportedly secured approval from Britain's Financial Conduct Authority (FCA) for its planned initial public offering (IPO) in London. However, it still needs to obtain approvals from Chinese regulators, notably the China Securities Regulatory Commission (CSRC), for the float to proceed. The de minimis rule changes and its impact will likely impact Shein's valuation and the amount of capital it plans to raise. Could the current economic climate lead to a IPO postponement?

Reuters: Shein gains UK approval for London IPO, awaits China nod, sources say

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
Previous

Data Integration Platform Fivetran Buys Census
Next

Huge Absorbs Hero Digital, Expands Capabilities