Lawrence Lenihan is the chairman and co-founder of Resonance and an adjunct professor at NYU’s Stern School of Business.
Ultrafast-fashion retailer Shein is evidently taking steps to go public in the United Kingdom at a $64 billion valuation. Meanwhile, the fashion industry is in turmoil. Retailers are in distress. Brands are struggling or being sold off. Even more concerning, the industry is facing human rights crises and consuming finite resources at a pace that is destroying our planet.
