Buzzy fast-fashion retailer Shein, believed to exceed Zara and H&M in U.S. sales, files confidentially for an IPO ...Middle East

Fast-fashion retailer Shein has filed confidentially with US regulators for an initial public offering that could take place next year, according to a person familiar with the matter. The online retailer, which was founded in China but is now headquartered in Singapore, is working with Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley on the listing, said the person, who asked not to be identified because the filing wasn’t public. Representatives for Shein, JPMorgan and Morgan Stanley declined to comment. A spokesperson for Goldman Sachs didn’t immediately respond to a request for comment. The filing was reported earlier by Shanghai Securities News. Shein has become popul

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Buzzy fast-fashion retailer Shein, believed to exceed Zara and H&M in U.S. sales, files confidentially for an IPO ...Middle East

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