Reported 11 months ago
Online fast-fashion retailer Shein's pre-IPO efforts face obstacles in Europe as the retail industry and lawmakers voice concerns. European manufacturers are urging EU policymakers to protect jobs from low-cost products, while Shein faces pushback in France and Germany due to environmental impact and tax loophole criticisms. Despite plans for expansion and IPO, Shein's practices are under scrutiny, especially in the UK, as issues regarding supply chain, labor practices, and tax policies emerge.
Source: YAHOO