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A UK parliamentary committee has announced it will scrutinize the planned London Stock Exchange listing of fast-fashion retailer Shein.
The move comes amid a growing chorus of concerns from MPs and human rights groups regarding the company's supply chain, labor practices, and transparency.
The scrutiny from the UK's legislative body adds a significant layer of complexity to Shein's IPO ambitions, which have already seen a recent shift from a potential New York listing to a focus on London.
The investigation will examine whether the company's business model aligns with the UK's environmental, social, and governance (ESG) standards, and whether its listing would be appropriate for the London Stock Exchange.
The outcome of this inquiry could influence not only Shein's ability to list in the UK but also set a precedent for other companies with similar business models.
The parliamentary intervention highlights the increasing importance of ethical and sustainable practices in the financial world and underscores the political and reputational risks associated with a controversial listing.




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