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Shein's IPO Enthusiasm Wanes
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Investors in Shein are selling discounted shares, signaling a decline in IPO enthusiasm, as the company's valuation drops from $66 billion to $45 billion. The company's reliance on China for supply chain and manufacturing needs has faced regulatory hurdles, and it has been targeted by lawmakers and the U.S.-China Economic Security and Review Commission.
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How does the decline in IPO enthusiasm and regulatory challenges reflect broader trends in the global fashion industry?
How might the decline in IPO enthusiasm and regulatory hurdles impact Shein's future growth and expansion?
What measures can Shein take to address the concerns raised by lawmakers and the U.S.-China Economic Security and Review Commission?
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