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GUANGZHOU – Shein, the Chinese fast fashion e-commerce company, is aiming to raise US$1bn at a valuation of US$100bn according to Bloomberg. Market reports suggest there is huge investor interest in the controversial fashion brand. A US$100bn valuation or even somewhere in that ballpark would give Shein more financial clout than Inditex and H&M combined. The Spanish and Swedish fast fashion players are the world’s first and second largest fast fashion retailers respectively.

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