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Online fashion retailer Shein valued at €22.6 billion ahead of IPO
Online fashion retailer Shein has received a valuation of €22.6 billion ahead of its IPO in Hong Kong, but faces declining stock prices.

The Asian online fashion retailer Shein plans to hold its IPO in Hong Kong on Tuesday and is valued at approximately €22.6 billion ahead of this event. This valuation is significantly lower than the figures from 2022, when the company reached a higher valuation during a funding round. According to its own statements, Shein aims for revenues of €1.5 billion.
Numerous reports discuss the difficulties Shein is facing with its IPO. The stock fell by as much as eight percent in early trading on Tuesday, dropping below the issue price of around €5.30. This disappointment is viewed by industry experts as a result of the current challenges in retail.
In particular, new customs and tax regulations in the U.S. and Europe are cited by various sources as a key factor impacting Shein's business. The company thus finds itself in a critical situation that could affect both market reactions and future business prospects.

Despite these challenges, there were high expectations for the company's performance ahead of the IPO. The valuation of around $24 billion, as reported in some accounts, reflects the potential that analysts see in the market.
The development of Shein's stock price will continue to be closely monitored, as it represents an indicator of the company's success in the global fashion market for many investors.