Is Shein About To Hit Stock Market? Report Says Company Filed For IPO—But Chinese Firm Denies Plan
Chinese retailer Shein claimed it is not going public following a report stating it filed for an IPO in New York this week.
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Chinese retailer Shein claimed it is not going public following a report stating it filed for an IPO in New York this week.
Shein, the Chinese online fashion retailer, plans for an IPO in New York amid U.S. scrutiny over labor practices and potential valuation as the most valuable Chinese company.
Organized labor is dear to the president’s political heart and is set to play a major role in next August’s Democratic National Convention.
Sen. Bernie Sanders (I-VT) has launched an investigation over the labor practices and working conditions of e-commerce giant Amazon. He kick-started the probe through a June 20 letter addressed to Amazon CEO Andy Jassy. The Vermont senator demanded information about the company’s “systematically under-reported” injury rates, employee turnover, productivity targets and adherence to federal and […]
Sen. Bernie Sanders left open the possibility that he will call Amazon CEO Andy Jassy and founder Jeff Bezos to testify in the investigation.