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The Glossy Podcast

Week in Review: Shein's IPO, Amazon's low-price competitor, LVMH's expanding portfolio

Jun 28, 2024
Shein's IPO filing in London, Amazon launching a low-price competitor, LVMH's expanding portfolio. Discussing challenges faced by Shein, Amazon's direct supplier shipping, and LVMH's strategic acquisitions. Delving into regulatory challenges in the fashion industry and the influence of LVMH on global markets.
25:14

Podcast summary created with Snipd AI

Quick takeaways

  • Shein's shift to IPO in London showcases market adaptability amidst US-China complexities and production concerns.
  • Amazon's low-price shipping model mirrors Shein's strategy but raises quality control, environmental, and competition issues.

Deep dives

SHEIN's IPO Move From US to London

SHEIN shifted its Initial Public Offering (IPO) plans from the US to London due to complexities between the US and China, as well as production outsourcing concerns. Despite facing opposition in the US, SHEIN confidentially filed for an IPO in London. The move, although not the ideal choice, aligns with the UK's market seeking business stimulation amidst a dull stock market.

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