Lawmakers Ramp Up Scrutiny of Shein Over IPO and Forced Labor Allegations

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Written By Jennifer Joslyn

Lawmakers are intensifying their scrutiny of Shein, a Chinese fashion retailer, following its confidential filing for an initial public offering (IPO) in the United States. Rep. Blaine Luetkemeyer, R-Mo., is considering legislation to prevent Shein from trading in the U.S. due to allegations of forced labor and exploitation of trade laws. Luetkemeyer's concerns are shared by Rep. Mike Gallagher, R-Wisc., chairman of the House Select Committee on the Chinese Communist Party, which is currently investigating Shein over its use of forced labor and trade practices. Shein, valued at $66 billion, has faced increasing scrutiny over its low prices and supply chain practices.

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