Shein Under Investor Scrutiny as Pressure Mounts to Cut Valuation Ahead of IPO

In a recent turn of events, the popular fast-fashion giant Shein is facing significant pressure from its investors to reduce its valuation to approximately $30 billion in anticipation of its upcoming initial public offering (IPO) in London. This demand comes amid a backdrop of fluctuating market conditions and competitive pressures in the retail sector, raising eyebrows about the company's market value.

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