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Shein’s IPO plan faces more challenges – Digital Commerce 360

Shein’s IPO plan faces more challenges – Digital Commerce 360

Shein might face a roadblock in its path to an initial public offering in the U.S. China’s internet regulating body, The Cyberspace Administration of China (CAC), is investigating the apparel retailer’s data and supply chain practices, The Wall Street Journal reported. That could have implications for Shein’s plans for an IPO in the U.S. The fast-fashion retailer reportedly filed for the move confidentially in November. A CAC investigation, however, could delay an IPO for months or remove the option altogether. Shein… 

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