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London Stock Exchange Denies Lowering Standards to Win Shein IPO

London Stock Exchange Denies Lowering Standards to Win Shein IPO

The boss of the London Stock Exchange Group has denied lowering standards in order to lure the fast-fashion retailer Shein’s £50 billion ($63 billion) IPO to London, as he hailed a stronger pipeline for UK listings.

Shein, which operates largely from China but is headquartered in Singapore, has come under fire from workers’ rights campaigners concerned about a lack of transparency regarding its supply chain and allegations its suppliers…


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