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UK Sustainable Investment and Finance Association chief executive James Alexander said investors have raised concerns repeatedly about being exposed to Shein following allegations of forced and child labour in its supply chain. Related Story The Shein effect: Is fashion stuck in a race to the bottom?
The Chinese fastfashion giant may be one of the most downloaded fashion apps around the world, but it continues to maintain a low corporate profile. Ask any consumer to name a fastfashion retailer and they probably think of H&M, Zara or Gap. Fastfashion, but slow deliveries. Inclusive fashion.
Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning He will lead the fashion retailer’s product, finance, ecommerce and tech divisions, Drapers reported. Click here to sign up to Retail Gazette‘s free daily email newsletter
Shein was recently valued at $66 billion and is now the largest fastfashion retailer in the United States. It only took Shein aournd 15 years to dethrone other fastfashion retailers in the United States like H&M and Zara. Primark has maintained this position even though it lost an estimated £1.5 billion ($2.2
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