Why Shein’s IPO valuation shrunk so dramatically | About That

12 hours agoNewsDuration 2:53Fast fashion giant Shein will go public on the Hong Kong Stock Exchange for a fraction of its previous valuation of $100 billion in the United States. Avneet Dhillon explains why one of the world’s most successful fashion retailers is now struggling ahead of its IPO. (Photo credits: The Canadian Press, Reuters, Adobe Stock and Getty Images)