Mail on Sunday recently revealed British Fashion Council’s concerns over the floatShein may scrap its planned £50bn float in London amid growing disquiet in Beijing
The influential trade body, whose members include Mulberry and Jimmy Choo, said the listing was a ‘significant concern’ to the industry and that ‘questions remain’ about its business practices. They are thought to have put up barriers to Shein’s plans to float in New York amid worsening diplomatic relations between China and the US.
Source: News Formal (newsformal.com)
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