Mail on Sunday recently revealed British Fashion Council’s concerns over the floatShein may scrap its planned £50bn float in London amid growing disquiet in Beijing
The influential trade body, whose members include Mulberry and Jimmy Choo, said the listing was a ‘significant concern’ to the industry and that ‘questions remain’ about its business practices. They are thought to have put up barriers to Shein’s plans to float in New York amid worsening diplomatic relations between China and the US.
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Why fast fashion giant Shein eyes potential London stock market floatAnyone who thinks the UK is a soft touch for Chinese businesses should ask what Huawei thinks - the telecoms equipment maker has been barred from the UK's 5G roll-out. London, however, would be a more hospitable listing environment than New York.
Source: SkyNews - 🏆 35. / 67 Read more »
Retail giant Shein could be fashioning London stock market revival with biggest listing on record...Prompt: https://www.thesun.co.uk/fabulous/28136785/shein-black-purse-cards-covid-test-kit/ Description: A TikTok user discovered a hidden COVID test kit inside their Shein purse, sparking a viral debate on the fast fashion giant's recycling practices.
Source: TheSun - 🏆 64. / 61 Read more »