The Chinese apparel company Shein, a favorite of Gen Z shoppers and the latest frontier in US-China tensions, has indicated it plans to go public in 2024. In an episode we first released earlier this year, Vogue Business editor Hilary Milnes explains all the drama surrounding the ecommerce giant.

This episode was produced by Haleema Shah, edited by Matt Collette and Amina Al-Sadi, fact-checked by Laura Bullard, engineered by David Herman and Patrick Boyd, and hosted by Noel King.

Transcript at vox.com/todayexplained

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