US states ask SEC to check if Shein complies with forced labor rules

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US states ask SEC to check if Shein complies with forced labor rules
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NEW YORK: Republican attorneys general from 16 US states asked the Securities and Exchange Commission to audit China-founded fast-fashion retailer Shein's supply chain for the use of forced labor ahead of its potential initial public offering. Amid rising friction between Washington and Beijing, the letter

NEW YORK: Republican attorneys general from 16 US states asked the Securities and Exchange Commission to audit China-founded fast-fashion retailer Shein's supply chain for the use of forced labor ahead of its potential initial public offering.

Shein, which sells US$7 dresses and US$5 home goods in more than 150 countries, has moved its headquarters to Singapore but manufactures most of its products in China.

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