Table of Contents
Fast fashion giant Shein plans to list in London in the first half of the year.
The £50bn listing could be settled by Easter, sources say, as chancellor Rachel Reeves heads to China for talks on economic and financial cooperation, which could help Shein win regulatory approvals.
The Chinese firm declined to comment. A float would be controversial due to allegations of forced labor in the online retailer’s supply chain.
Top money managers have warned that the city should not become a “place of last resort” for listings.
Based in Singapore, Shein was founded in China and manufactures its clothing there.
Human rights organizations have accused China of using slave labor, claiming that Uyghurs are forced to produce cotton. Beijing has denied the abuses.
Human rights concerns: Fashion giant Shein relies on suppliers in China to make its cheap clothes
DIY INVESTMENT PLATFORMS
AJ Bell
AJ Bell
Easy investing and ready-to-use portfolios
Hargreaves Lansdown
Hargreaves Lansdown
Free Fund Trading and Investment Ideas
interactive inverter
interactive inverter
Fixed fee investing from £4.99 per month
sax
sax
Get £200 back in trading fees
Trade 212
Trade 212
Free trading and no account commission
Affiliate links: If you purchase a This is Money product you may earn a commission. These offers are chosen by our editorial team as we think they are worth highlighting. This does not affect our editorial independence.