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    News / Shein expands EU presence as it eyes London IPO

    Shein expands EU presence as it eyes London IPO

    • Staff Writer
    • November 27, 2024
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    LONDON – Shein, the global fast-fashion giant reportedly eyeing a potential IPO in London, has released a report outlining its economic contributions to the European Union (EU). The study, conducted by Oxford Economics, reveals the company’s impact in key markets, France, Italy, and Poland. There, the report says Shein’s operations supported over 6,100 jobs in 2023 and contributed €1.1bn to the EU’s GDP.

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