[HN Gopher] Shein Files for U.S. IPO
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Shein Files for U.S. IPO
Author : mfiguiere
Score : 5 points
Date : 2023-11-27 22:31 UTC (29 minutes ago)
(HTM) web link (www.cnbc.com)
(TXT) w3m dump (www.cnbc.com)
| ggm wrote:
| Their entire model is based on disposable fashion. Every step of
| the supply chain behind "wear it once" is risky, in terms of
| labour relations, inputs, waste, and final disposition of the
| product.
|
| I think the IPO will do fine, because the stream of consumers
| worldwide is massive and so there's a sustaining business model
| here, at a significant externality/cost to everything else.
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