Shein, a Chinese fast-fashion brand, is getting closer to listing on the London Stock Exchange after submitting documentation to UK authorities. The relocation may strengthen the London financial industry, but Shein is under fire for allegedly using forced labor and environmental issues, both of which the company disputes. The Chinese fast-fashion company Shein is getting …
A UK-based human rights organization, Stop Uyghur Genocide, has urged the Financial Conduct Authority (FCA) to block the Chinese fast-fashion retailer Shein's planned listing on the London Stock Exchange (LSE). The group alleges that Uyghur people are being used as forced labor at some of Shein's cotton suppliers in the Xinjiang region of China. Represented …
Singapore-based online fashion retailer Shein has reportedly filed confidential paperwork for an initial public offering (IPO) with the Financial Conduct Authority (FCA), the UK's markets regulator. This move marks a significant step towards a potential blockbuster listing in London, following the company's decision to abandon plans for a New York IPO. Shein, which saw its …
