Britain shouldn’t want a Shein hand-me-down: Andrea Felsted
With London struggling to compete with New York for IPOs, UK authorities are eager to attract online retailer Shein. However, investors should be wary. Despite Shein's rapid growth, environmental concerns, a complex Chinese supply chain, and potential regulatory issues pose significant risks. Valuing Shein on par with industry giant Inditex SA seems premature. Any ambitious valuation will need to address these substantial challenges head-on.
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By Andrea Felsted
With London increasingly losing out to New York when it comes to initial public offerings and primary listings, it's little wonder that British authorities are so keen to woo online retailer Shein.
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