LONDON DAILY ARCHIVE
Campaigners Urge UK Government to Block Shein's London IPO
A new campaign led by Mary Portas urges the UK government to block Shein's IPO in London, citing concerns over labor exploitation, environmental harm, and tax avoidance. Shein denies these claims, stating its commitment to fair labor practices. The petition, supported by Caroline Lucas, has over 33,000 signatures as of July 17.
19 July 2024 · 14:52 UTC
The China-founded fast fashion retailer, known for its affordable clothing, is accused of exploiting workers, harming the environment, and avoiding taxes.
The petition calls for a thorough investigation into Shein's labor practices, environmental impact, and tax arrangements before allowing it to list on the London Stock Exchange.
Shein denies the allegations and states its commitment to fair labor practices.
The campaign is also supported by former Green Party lawmaker Caroline Lucas and has gathered over 33,000 signatures as of July 17.