Shein’s plans for an initial public offering (IPO) in London, potentially valuing the online fast-fashion giant at over $60 billion, are encountering significant challenges and uncertainties. Major shareholders are reportedly growing impatient with Shein’s fundraising efforts, privately requesting the company to consider buying back their shares. Concerns persist around the limited expected returns from a London IPO, compounded by regulatory complexities due to Shein’s Chinese origins.