The IPO, if it materializes, could be one of the largest globally this year, sources have said.
HONG KONG/NEW YORK, May 10 - Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced regulatory hurdles and pushback from U.S. lawmakers, two people with knowledge of the matter said.
The China-founded fashion company has also approached London-based fund managers for introductory meetings ahead of the planned float, said another source with direct knowledge of the matter. It may also pursue a secondary U.S. listing in New York following its London IPO when it deems the U.S. political climate to be more favorable, the second source added.
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