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UK regulatory approval for Shein's IPO delayed by NGO opposition: report

UK regulatory approval for Shein's IPO delayed by NGO opposition: report

FILE PHOTO: Shein logo and stock graph are seen in this illustration taken, May 16, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Britain’s financial regulator is taking longer than usual to approve fast-fashion retailer Shein‘s IPO because it is checking its supply chain oversight and assessing legal risks after an advocacy group for China’s Uyghur population challenged the listing, according to two sources close to the matter.