Fast-fashion giant Shein is denying a Reuters report that it has filed confidentially for a U.S. IPO.
Why it matters: This would be one of the year's largest IPOs, but also one of the more controversial given allegations over some of Shein's labor practices.
In a statement to Axios, a company spokesperson said: "Shein denies these rumors."
Singapore-based Shein most recently was valued at $66 billion in the private markets.
