Calls for Shein Scrutiny After Questions on Supply Chain Go Unanswered - PRESS AI WORLD
PRESSAI
Recent Posts
side-post-image
side-post-image
Politics

Calls for Shein Scrutiny After Questions on Supply Chain Go Unanswered

share-iconSaturday, January 11 comment-icon1 week ago 5 views
News sources:
bbcBBC
Calls for Shein Scrutiny After Questions on Supply Chain Go Unanswered

Credited from: BBC

  • The London Stock Exchange is under pressure to disclose what **checks are in place** for listing firms like Shein, amid claims of **forced labour** in its supply chain.
  • MPs expressed **serious concern** after Shein's lawyer refused to answer basic questions regarding the possible use of **cotton from China's Xinjiang region**.
  • Shein has filed for a UK listing, which may value the firm at **£50bn**; however, questions about its supply chain integrity remain unresolved.
  • The **Business and Trade Committee** criticized the lack of transparency, urging more stringent checks on firms for compliance with ethical standards.
  • Byrne has written to the **Financial Conduct Authority** seeking assurance on the auditing processes for UK-listed companies regarding **legal risks**.

For the full article, visit BBC News.

SHARE THIS ARTICLE:

nav-post-picture
nav-post-picture