Shein Is Said to Add More Banks to Arrange London Listing (1)

Shein has added more banks to help arrange its potential initial public offering that could value the online fashion retailer at £50 billion ($65 billion), potentially one of the biggest listings in London in recent years, people familiar with the matter said.

Barclays Plc and UBS Group AG have been picked as bookrunners for Shein’s IPO, said the people, who asked not to be identified as the information is private. A listing could take place as soon as early next year, the people said. Deliberations are ongoing and details of the IPO could still change, the people said.

The new ...