This week, Shein received approval for a long-awaited IPO targeting a valuation of around $40 billion, a steep markdown from its peak valuation of $100 billion in 2022 due to slowing growth, regulatory hurdles and a weak consumer environment.
Cathaleen Chen is a Correspondent at The Business of Fashion. She specializes in the intersections of beauty and fashion, business and economics, and retail, covering topics such as apparel design, luxury goods, and consumer behavior analytics. Cathaleen's insights and reporting have been featured in CNN and The Business of Fashion.













