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Shein Makes IPO Debut at $26.5B Valuation, a Fraction of Previous Estimates

Vogue / 01 September 2026 / 4h ago

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Ultra-fast fashion giant Shein went public on the Hong Kong Stock Exchange this morning at a fraction of its former value. How did its IPO efforts go awry?

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Shein Makes IPO Debut at $26.5B Valuation, a Fraction of Previous Estimates

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