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Shein Steps Up London IPO Preparations Amid US Hurdles to Listing

The online fashion retailer plans to update China’s securities regulator on the change of the initial public offering venue and file with the London Stock Exchange as soon as this month, a person with knowledge of the matter said.
Shein and Forever 21-owner SPARC Group have formed a partnership.
The plan for a US IPO is still officially on the table, but the Singapore-based company has been struggling to clear regulatory hurdles both in the US and China. (Shutterstock)

Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced regulatory hurdles and pushback from US lawmakers, two people with knowledge of the matter said.

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