Shein Uncovers Child Labor in Supply Chain Amid IPO Preparations
The fast-fashion giant found two cases of child labor last year, leading to stricter supplier policies as it eyes a UK stock market listing.
- Shein suspended orders from suppliers involved in child labor until they addressed the issues.
- The company updated its policies to immediately terminate contracts with suppliers violating labor laws.
- Shein's 2023 sustainability report highlights efforts to enhance supply chain transparency and labor conditions.
- The company faces criticism from advocacy groups and politicians over labor practices and environmental impact.
- Shein's planned UK IPO comes after it faced opposition to listing in the US.