SHEIN FILES FOR U.S. IPO AS FAST-FASHION GIANT LOOKS TO EXPAND ITS GLOBAL REACH

Summary from the TLDR newsletter

Shein has filed to go public in the US. It could start trading on public markets as soon as 2024. It is unclear how much the company is currently worth, but it was last valued at $66 billion. Numerous lawmakers have called on the SEC to ensure that Shein isn't using forced labor in its supply chain before it's allowed to start trading in the US.