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    Shein, the fast fashion retailer, will not be included in London’s FTSE 100 index as it will not sell enough shares to meet the minimum free float requirement. The company, which was valued at $66bn, is expected to raise over £1bn from its IPO but its co-founder does not intend to sell his stake. Shein has faced criticism for its business practices and supply chain, and the British Fashion Council has expressed concern over its planned London flotation.