Fast fashion site Shein seeks London listing

Move could be one of the largest initial public offerings (IPOs) globally this year

The company was valued at $66bn (€61.45bn) after a fundraising round last year.

Fast fashion retailer Shein confidentially filed papers with Britain's markets regulator earlier this month for a potential London listing, two sources said, as the online retailer moves ahead with what could be one of the largest initial public offerings (IPOs) globally this year.

The China-founded company, which was valued at $66bn (€61.45bn) at a fundraising round last year, started engaging with its financial and legal advisors to explore a listing on the London Stock Exchange early this year, Reuters reported in May.