NATO Monitors Russian Naval Drills Near Finland and Norway
April 24, 2025: NATO closely monitors a series of Russian naval exercises in the northern waters near Finland and Norway amid heightened military activity
- April 25, 2025 10:45 pm
- California
July 18, 2022: -Chinese fast-fashion giant Shein hopes to make an initial public offering in the United States as soon as 2024, according to a report from Bloomberg, which cited people familiar with the matter.
Yet it faces environmental, social, and governance, or ESG, concerns that could be an obstacle to an IPO, according to the report. Previously, Shein had sought a 2022 IPO in the U.S.
Shein, which has a $100 billion valuation, has drawn scrutiny for its cheap product line built on a fast and prolific production chain.
A probe by Swiss watchdog group Public Eye said some of Shein’s manufacturers have been subjecting employees to dangerous conditions and 75-hour workweeks.
While these concerns have not dissuaded large investors such as Sequoia Capital China, IDG Capital, and Tiger Global Management, recent executive moves within Shein appear to focus on improving their ESG appearance in preparation for a public offering to Bloomberg.
Shein didn’t immediately respond to CNBC’s request for comment.
Critics still take issue with Shein garment’s short-term wearability, and the criticism has spread to fast fashion more broadly. A 2019 World Bank report stated that the annual number of new clothes produced had doubled from the 50 billion paid in 2000.
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Manufacturers often struggle with generating accurate and timely quotes, delaying customer responses and risking profitability. Traditional quoting processes can take days or even weeks, while customers expect responses within 24 hours. Micro Estimating Systems addresses these challenges with advanced software that allows users to generate highly accurate quotes in minutes. By integrating with shop-specific data and automating feature recognition, their solutions ensure precision and speed, empowering manufacturers to make informed decisions and enhance their operational efficiency.
Manufacturers often struggle with generating accurate and timely quotes, delaying customer responses and risking profitability. Traditional quoting processes can take days or even weeks, while customers expect responses within 24 hours. Micro Estimating Systems addresses these challenges with advanced software that allows users to generate highly accurate quotes in minutes. By integrating with shop-specific data and automating feature recognition, their solutions ensure precision and speed, empowering manufacturers to make informed decisions and enhance their operational efficiency.
Manufacturers often struggle with generating accurate and timely quotes, delaying customer responses and risking profitability. Traditional quoting processes can take days or even weeks, while customers expect responses within 24 hours. Micro Estimating Systems addresses these challenges with advanced software that allows users to generate highly accurate quotes in minutes. By integrating with shop-specific data and automating feature recognition, their solutions ensure precision and speed, empowering manufacturers to make informed decisions and enhance their operational efficiency.