BusinessPostCorner.com
No Result
View All Result
Thursday, June 19, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Shein lawyer refuses to say if Chinese cotton used in clothing

January 7, 2025
in Business
Reading Time: 2 mins read
A A
0
Shein lawyer refuses to say if Chinese cotton used in clothing
ShareShareShareShareShare

The hearing came after the BBC reported the company had filed initial paperwork to list shares on the London Stock Exchange, which could value it at £50bn.

Ms Zhu refused to provide answers on the potential listing.

Charlie Maynard, a Liberal Democrat MP on the committee, hit out at Ms Zhu’s comments, and accused her for “wilful ignorance”.

“I am on your website and I can see about 20 products which are all cotton…. and yet you say to our chair that you can’t state whether Shein is selling any products which are made in China, which are made of cotton? I find that completely ridiculous,” he said.

“You mention every other spot of the compass, but you don’t mention west China, you don’t mention Xinjiang at all. It’s wilful ignorance.”

Ms Zhu responded saying she was “doing the best I can”, and was “giving answers to the best of my ability”, which prompted Maynard to reply: “That is simply not true.”

Appearing exasperated, Liam Byrne, chair of the committee, said for a company that sells £1bn worth of goods to consumers, and was looking to list in the UK, the committee had been “pretty horrified by the lack of evidence” Ms Zhu had provided.

“You can’t tell us anything about listing, you can’t tell us anything about cotton in Shein products, and you can’t tell us much, in fact.”

Byrne added that Mr Zhu’s reluctance to answer basic questions “bordered on contempt of the committee”.

In contrast, fellow fast-fashion retailer Temu told the committee that it did not permit sellers from the Xinjiang region to sell products on the platform.

Stephen Heary, senior legal counsel at Temu, said: “Any issues of labour practices are something that we take fundamentally very seriously.”

Byrne said the company had given “some reassurance” over its supplier agreements.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Meta to replace ‘biased’ fact-checkers with moderation by users

Next Post

Five trends that will redefine finance and accounting in 2025

Next Post
Five trends that will redefine finance and accounting in 2025

Five trends that will redefine finance and accounting in 2025

Trump signs order confirming parts of UK-US tariff deal

Trump signs order confirming parts of UK-US tariff deal

June 16, 2025
Brazilian Lawmaker Proposes Scrapping Crypto Tax for Long-term Investors

Brazilian Lawmaker Proposes Scrapping Crypto Tax for Long-term Investors

June 16, 2025
Trump Wants GENIUS Bill Sent Straight to His Desk, Without Congressional Tweaks

Trump Wants GENIUS Bill Sent Straight to His Desk, Without Congressional Tweaks

June 19, 2025
UK inflation remains highest for more than a year

UK inflation remains highest for more than a year

June 18, 2025
2024 broker-dealer audit deficiency rates remain high

2024 broker-dealer audit deficiency rates remain high

June 16, 2025
RTS meter switch-off is pushed back

RTS meter switch-off is pushed back

June 18, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Alex Cooper, Barbara Walters documentaries show struggles for women in media

Alex Cooper, Barbara Walters documentaries show struggles for women in media

June 19, 2025
How to create a landing page: My simple step-by-step approach

How to create a landing page: My simple step-by-step approach

June 19, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!