Shein should come to London, says former B&Q boss

Published On Sep 25, 2024, 4:54 AM

Sir Ian Cheshire, a former chairman of Barclays and B&Q boss, supports Shein listing on the London Stock Exchange. He believes the UK's environmental controls could positively influence Shein's practices, contrary to criticisms about the company's tax avoidance and environmental impact. Superdry's Julian Dunkerton criticized Shein's competitive advantages due to low-value parcel import exemptions and labeled it an environmental disaster. Cheshire suggests that the current import duty policies should be revised to ensure fair competition and to address environmental concerns.