Senior British lawmakers want more scrutiny of Shein ahead of possible London listing


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: A Shein pop-up store at a mall in Singapore, on April 4.Edgar Su/Reuters Senior British lawmakers, including the chairs of three parliamentary committees, have questioned fast-fashion giant Shein’s suitability for a London stock market listing and called for greater scrutiny of the Chinese-founded firm. Shein is stepping up preparations for a London listing after its attempt to float in New York faced regulatory hurdles and pushback from U.S. lawmakers. The firm, known for its $10 tops and $5 biker shorts, faced criticism from U.S. lawmakers over alleged labour malpractices, lawsuits from competitors, and use of...