Business select committee intends to summon fast-fashion brands over workers’ rights as soon as January
A cross-party group of MPs is drawing up plans to grill the boss of contentious fast-fashion chain Shein, which is considering a flotation on the London Stock Exchange. The House of Commons business select committee is finalising plans for an inquiry into employment rights in the workplace to take place as early as January in parliament, according to its chair, Labour MP Liam Byrne.
Shein, a Chinese-founded fast-fashion giant that was valued at $66bn during the latest funding round, has disrupted the garment industry with its model of shipping cheap clothes directly from factories in China to western shoppers. The company launched its plan for an initial public offering at the end of last year, at first targeting New York, but shifted to London after being rebuffed by US regulators. Shein is still waiting for Chinese regulators to give approval to list overseas.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bedfont® Scientific Limited Triumphs at Chamber Business Awards, Winning Business of the Year 2024Bedfont® named regional winner of the prestigious British Chamber of Commerce Digital Revolution Award. Image Credit: Bedfont Scientific Ltd.
Read more »
Telford business owner named winner in Best Business Women AwardsThe Best Business Women Awards have announced their winners for 2024 at a Gala Awards evening held at the Hilton Syon Park.
Read more »
Langport women finds dead cockroach in SHEIN clothing parcelAmy Jowett says she was disgusted when the cockroach fell from her package.
Read more »
Moment student finds deadly Chinese SCORPION crawling around in Shein parcel before locking it in a...Scorpion found in Irish woman’s bag after return from holiday
Read more »
'I bought £25 wedding dress from Shein which left me mesmerised when it arrived'A woman on the hunt for a wedding dress decided to purchase one from Shein – and she was blown away by how 'gorgeous' it was. Even the high quality left her mesmerised
Read more »
People just learning correct way to pronounce Shein – it's not what you thinkYou may have shopped on the fast fashion retail website Shein before, but most of us have been pronouncing it wrong as one woman lifts the lid on how it should be said
Read more »