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US states ask SEC to check if Shein complies with forced labor rules

Republican attorneys general from 16 U.S. states asked the Securities and Exchange Commission to audit China-founded fast-fashion retailer Shein's supply chain for the use of forced labor ahead of its potential initial public offering. Amid rising friction between Washington and Beijing, the letter, sent to the SEC last week, added to pressure on Shein as China hawks in Congress target Chinese firms that do not align with U.S. foreign policy goals. Shein, which sells $7 dresses and $5 home goods in more than 150 countries, has moved its headquarters to Singapore but manufactures most of its products in China. ....

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U.S. states ask SEC to check if Shein complies with forced labor rules

Sixteen U.S. states ask Securities and Exchange Commission to look into China-founded fast-fashion retailer Shein’s compliance with forced labour laws ....

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jio: 4 insights to kick-start your day, featuring the latest move from Jio

In Primeshots today: Jio to launch AirFiber; Shein-Forever 21 deal; Cuemath lays off employees; and expanded BRICS ....

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shein: US states ask SEC to check if Shein complies with forced labor rules

Amid rising friction between Washington and Beijing, the letter, sent to the SEC last week, added to pressure on Shein as China hawks in Congress target Chinese firms that do not align with US foreign policy goals. ....

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Politicians to Shein: Not So Fast on U.S. Expansion

A group of state attorneys general urged the S.E.C. to make the fast fashion company prove it doesn’t use forced labor if it files to go public. ....

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