Shein plans to file for a London IPO in the coming days as its stalled US listing shows no signs of making progress,Watch Sugar Heart Vlog The lustful demon under the pure appearance Hanfu lady Si Yu Online according to a report from Sky News on June 2. The report said the listing is expected to value the online fashion giant at around £50 billion, less than the $66 billion valuation the business was given during its last funding round early last year. Filing a prospectus with UK regulators does not guarantee a successful listing for Shein, according to Sky News, and a previous report revealed that the China-founded fashion retailer would still prefer to go public in the US, however, uncertainty around its proposed US listing has forced the company to consider alternatives. [Sky News]