ion giant hoped to have a splashy U.S. public offering this year. WSJ's Shen Lu explains how the divide between Beijing and Washington got in the way.

Further Reading:

- Shein Promised to Have a Big U.S. IPO. Its China Roots Got in the Way.

- Fast-Fashion Giant Shein Files to Go Public

Further Listening:

- Shein Took Over Fast Fashion. Then Came the Backlash.

- The Mysterious CEO Leading Shein to an IPO

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1d:T469,Beyond Shein’s uber cheap clothes, the fast-fashion retailer from China has been involved in numerous scandals, including claims of human rights abuses. Even if you’ve never done a Shein haul, it’s time to get to know the massive company. Read more: A few weeks ago, a handful of influencers went on a paid brand trip for the fast-fashion company Shein. Known for its persistent TikTok ads and clothing haul videos, Shein showed off a factory where some of its clothes are made. Most influencers created videos about how much they love Shein and how well the workers were treated. When these creators and social media stars got back from their trip, they faced an enormous amount of backlash, given allegations that Shein perpetuates human rights abuses, steals products from designers and inappropriately collects user data. Shein denies any wrongdoing. Rachel Tashjian is a fashion reporter with The Post, and she says the multibillion-dollar company is more than just cheap sundresses and knickknacks. I

Shein: Fast Fashion, Slow IPO