Shein is an ultra-fast fashion retailer that sells vast quantities of very cheap clothing, primarily to western consumers, at extraordinarily cheap prices. The firm is a pioneer of throwaway fashion, listing up to 6,000 new items on its website per day, at an average cost of just £7.90.
How is Shein able to offer such low prices? By exploiting its workers, ravaging the environment and avoiding tax.
By listing on the LSE, Shein would become a publicly traded company, which would mean that any investor would be able to buy the company’s shares, allowing the company to access more investment and grow even further. Shein faced intense resistance to listing in the US, but UK politicians have been trying to tempt the firm to list in London to give a boost to London’s financial services sector.
We have had enough of our politicians putting the interests of the City of London ahead of those of people and planet. It’s time to say no to companies that violate workers rights, exacerbate climate breakdown, and avoid taxes. It’s time to say no to Shein.
Shein's Labour Practices
Image credit: Qilai Shen/Bloomberg
Shein's Environmental Impact
Image credit: Kevin McElvaney / Greenpeace
Shein's Tax Affairs
Image credit: @PANOSPICTURES/PUBLICEYE
If you'd like to learn more about the campaign or get involved, you can email us at saynotoshein@gmail.com
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