Shein’s pre-IPO charm offensive hits roadblocks in Europe
By JerryPublished On June 10, 2024
LONDON, June 7 (Reuters) – As online fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain, pushback is growing too from Europe’s retail industry and lawmakers.
As citizens of 27 countries vote in European Union elections, European manufacturers of fabric, clothes, leather goods and shoes this week called on future EU policymakers to protect the 1.5 million jobs in the sector from low-cost products being “dumped” on the market.