British Lawmakers May Question Shein Executives on Workers' Rights Early Next Yea
Asianfin -- Executives from fast-fashion giant Shein could face questions from British lawmakers on workers' rights as soon as January, ahead of the company's potential IPO in London, according to the chair of a parliamentary committee.
The House of Commons' Business and Trade Committee recently launched an inquiry into employment rights, focusing on the Labour government’s new employment rights bill and its implications for UK workers. Additionally, the committee aims to address the broader issue of labor standards in global supply chains, including concerns over forced labor.
Liam Byrne, Labour MP and committee chair, stated via email to Reuters that Shein is likely to be among the companies called to provide evidence, although the final list of witnesses has yet to be confirmed. Parliamentary inquiries gather both oral and written evidence and typically result in published reports with recommendations.
Shein, originally founded in China and now headquartered in Singapore, is advancing its plans for a London listing. The company confidentially filed for approval with the UK’s market regulator in early June and is awaiting regulatory clearance from both British and Chinese authorities.
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