Shein’s Potential London IPO: A Human Rights Analysis for Investors
Shein, the world’s largest fashion retailer, is preparing for a potential listing on the London Stock Exchange (LSE). With an estimated valuation of £53 billion, it would be one of the largest IPOs in London’s history, representing both a significant milestone for the Chinese brand, founded in 2008, and substantial potential returns for the financial institutions considering investment.
While the opportunities for investors may be attractive, the company’s human rights record, which includes allegations of forced labour, poor working conditions, and failing to make required public disclosures under the UK Modern Slavery Act, raises considerable concerns.