Sheins planned IPO in London could be delayed.
The fast-fashion giant originally had the goal of going to the British stock exchange by Easter 2025. However, the Chinese company will not be able to meet this project on US President Donald Trump on the basis of new trade rules, as the Financial Times finance magazine reports.
The US government under Trump plans to abolish the de-minimis control. As a result, goods worth less than $ 800 would no longer be exempt from import duties. This would have a significant impact on Shein because the company sends cheap packages directly from Chinese factories. According to Financial Times, the changes could increase the tariffs to Sheins products and affect the company’s price strategy, which makes it more difficult to maintain the ultra -low prices. Insider: According to the inside, it is therefore “likely” that the IPO will be postponed to the second half of 2025.
Shein’s IPO in London has been delayed for some time due to geopolitical tensions. The company submitted confidential documents to the British Financial Conduct Authority (FCA) in June 2024, but approval is slower than expected, as Reuters previously reported. In addition, expert forecast: Inside, that the abolition of the Dinimis regulation for Sheins could affect profitability. In addition, the company is still waiting for the approval of both the British and the Chinese supervisory authorities before it can go to the London stock exchange.
This article previously appeared on fashionunited.fr and was used with the help of digital tools translated.
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