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Fortune
Fortune
Prarthana Prakash

As Shein’s IPO approaches, what will it mean for the ultra-cheap online retailer and for London?

Shein London IPO United Kingdom
people seen in blur outside a shein store (Credit: Mauricio Santana—Getty Images)

Shein is kind of a big deal.

In 12 years, the Chinese fast-fashion behemoth has exploded in size and now reaches over 150 countries. Its $5 dresses and accessories have caught the attention of younger shoppers looking to get more for less. 

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