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Controversial fast-fashion giant Shein, which has seen a surge in popularity during the pandemic, may soon strengthen its ties with the UK with plans to sell its shares on the London Stock Exchange.
The Chinese company, which could be valued at $66 billion, could file the documents as early as this week.
Shein has become one of the world’s largest fashion retailers by offering a large selection of cheap clothing and leveraging campaigns from social media influencers.
But the company has faced heavy criticism over its environmental practices and allegations of using forced labor in its supply chain.
A Shein spokesman declined to comment.
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