The R Collective notes that the long awaited Shein IPO may not have broken financial record books.
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Today's long awaited Shein IPO may not have broken financial record books, but it does shine a depressing light on our global clothing and textile waste crisis, which cl…
Company
The R Collective
Reclaim. Reuse. Recycle.
- Industry
- Business Consulting and Services
- Location
- Hong Kong, HK
- Company size
- 11–50 employees
About The R Collective
We are a social impact business rescuing, reusing and recycling fashion’s waste to create responsible circular products and recycling solutions for global businesses.
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5 signals
Research & Knowledge
The R Collective notes that fashion consumption and textile waste are set to increase 63% and 60% respectively by 2030.
Research & Knowledge
The R Collective notes that 80% of global clothing and textile waste ends up in landfills or being incinerated.
Research & Knowledge
The R Collective cites that the global clothing and textile waste crisis clocked 120 million metric tonnes in 2024.
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Similar signals
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Vogue Business reports that ultra-fast fashion giant SHEIN is now public following several years of false starts, priced shares at HK$48.56 ($6.20), raising $1.74 billion and valuing it at $26.5 billion in pre-market trading.
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MMG Advisors, Inc. noted that SHEIN launched its IPO on the Hong Kong Stock Exchange, raising $1.74B at a valuation of ~$26B.
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Bybit
Bybit Learn reported that Shein's Hong Kong debut stocks fell as much as 10% on its debut, ending the day just 0.15% below its IPO price.
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RSM UK
RSM UK highlights SHEIN's IPO on the Hong Kong Stock Exchange, which values the company at USD 26.5 billion after its IPO this week.
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