Shein’s pursuit of London IPO puts UK regulator under spotlight

Q: How long will it take to read this news story?

The story "Shein’s pursuit of London IPO puts UK regulator under spotlight" has 808 words across 23 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Shein’s pursuit of London IPO puts UK regulator under spotlight" was covered 3 days ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 4 news stories per day. It's most recent story was published 13 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21657496</li><li>URL: https://beamstart.com/news/sheins-pursuit-of-london-ipo-17211705226356</li></ul>

Financial Times 3d ago

Shein’s pursuit of London IPO puts UK regulator under spotlight - Financial Times

Quick Summary:

The company has faced allegations of forced labour in its cotton supply chain and of having lax environmental standards, both of which it denies.

While a London listing of Shein, which was valued at $66bn in its most recent funding round, would be a coup for the City, it would also pose reputational risks.

Shein said the fund was part of the company’s “ongoing efforts to create a more sustainable and responsible fashion industry” and added to its other initiatives such as using discarded materials from other brands.