Chinese fast fashion giant Shein officially filed for an initial public offering in the United States on Monday as the retailer aims to expand its U.S. and international presence.
According to sources close to the subject, Shein is targeting to go public during 2024.
The terms of the filing are currently confidential but are set to be made public by the U.S. Securities and Exchange Commission once the company is ready to go public.
While Shein’s current valuation is last known, the fast fashion powerhouse was last valued at $66 billion.
