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Shein has faced opposition from lawmakers and retailers in the U.S. and Europe for its cheap garments. Allen J. Schaben—Los Angeles Times via Getty Images
Chinese retailer Shein got Britain’s financial whizzes into a spin last week when news emerged that it might go public on the troubled London Stock Exchange through a bumper IPO. But the fast-fashion brand is beginning to realize it will find the same resistance in Europe as it has faced in the U.S.
The Singapore-based fashion brand has faced a flurry of regulatory pressure in recent days as competitors and lawmakers on both sides of the Atlantic attempt to stop the company from making its way onto their shores.
Just a few days after a group U.S. lawmakers moved to toughen a tax loophole that lets Shein import its clothes at a cut price, the clothing giant is now facing pushback from competitors in the U.K. and environmentally-minded politicians in France.
France’s environment tax
On Monday, members of parliament (MPs) from France’s ruling party proposed a new bill that…