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UK-based human rights group Stop Uyghur Genocide has launched a legal campaign to block Shein's potential London listing over concerns about its labor practices, a law firm representing the campaign group said on Wednesday.
Shein, the fast fashion giant with links to China, has confidentially filed for a public listing in London as it faces backlash in the U.S., a person familiar with the matter told CNBC.
China-founded e-commerce company Shein's hopes of going public in the United States are growing slimmer by the day, according to experts, as rising tensions between Beijing and the U.S. roil business and trade.
Online fashion firm Shein is preparing to file a prospectus with Britain's Financial Conduct Authority for approval ahead of a potential London float which could value it around 50 billion pounds ($63.70 billion), Sky News reported on Sunday.
LONDON (Reuters) -- Senior British lawmakers, including the chairs of three parliamentary committees, have questioned fast-fashion giant Shein's suitability for a London stock market listing and called for greater scrutiny of the Chinese-founded firm.