1 of 1
Story summary
- Shein listed on the Hong Kong Stock Exchange at a $27 billion valuation, 70% below its 2022 peak.
- Shein abandoned planned London and New York IPOs because of supply-chain and ESG concerns.
- Greenpeace Germany found hazardous chemicals above EU limits in seven of 47 Shein items in 2022.
- France’s new apparel levy prompted China’s commerce ministry spokeswoman Huang Ling to warn of retaliation.
