Hunt urges Shein boss to pursue blockbuster London float
Jeremy Hunt, the chancellor has met Shein chairman Donald Tang in a bid to persuade the online fast fashion behemoth to float in London instead of New York, Sky News learns.
Source: sky.com
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Jeremy Hunt, the chancellor has met Shein chairman Donald Tang in a bid to persuade the online fast fashion behemoth to float in London instead of New York, Sky News learns.
Donald Tang, Shein's executive chairman, held talks with the London Stock Exchange last week even as it progresses plans for a New York flotation next year, Sky News learns.
Shein, which has a $66bn (£53bn) valuation, is in talks to acquire Missguided less than 18 months after Frasers Group swooped to by it out of insolvency, Sky News learns.