London Shouldn’t Want a Shein Hand-Me-Down: 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.

But the UK shouldn’t be accepting the US’s sloppy seconds. If Shein does list in the UK, investors face a raft of risks, from the environmental impact of its ultra-fast fashion to concerns about its sprawling Chinese supply base.

Consequently, any suggestion that Shein is the next Inditex SA, and should therefore be valued at around £50 billion ($64 billion), appears as flimsy as one of its £10 summer dresses.

Source: The Analyst, Bloomberg

Shein originally sought to ...