[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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       (page generated 2023-11-27 23:01 UTC)