Is Shein really worth £50bn? Reasons to be sceptical are piling up

Shein failed to list in the US and now the EU is planning customs duties that may dent its business modelEU plans for import duty on cheap goods could dent Shein and TemuA stock market listing for Shein has been talked about for so long that the round number of £50bn has become attached to this Chinese-founded fast-fashion retailer as a plausible valuation. It’s probably time to ask: are you sure about that number?The figure isn’t plucked out of thin air, it should be said. She