Known for selling cheap clothing, the online retailer has seen its value drop sharply from earlier estimates amid scrutiny over its environmental footprint

Shein targets a Hong Kong IPO around September 1, 2026, with a valuation of $26-40B, down sharply from its $100B peak as profits decline and US

HONG KONG: Online fast-fashion retailer Shein's valuation has dropped by around 70 per cent from a near US$100 billion private market peak four years ago, as it aims to raise up…