With Shein IPO Headed to London, Critics Still Alarmed
Following a Wall Street Journal report that U.S.-China tensions have derailed Shein's hopes of becoming a publicly traded company on the New York Stock Exchange, the Coalition for a Prosperous America said British authorities should also block the fast-fashion company…
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from London's stock exchange. Zach Mottl, the coalition's chairman, said, "Given Shein’s well-documented ties to slave labor, as well as its ongoing exploitation of the de minimis loophole, it’s overwhelmingly clear that Shein should not be allowed to move forward with an IPO in the U.S. or in London."