Fast-fashion group Shein’s plans for a bumper UK stock market listing are likely to be delayed after Donald Trump’s crackdown on tariff-free imports of small goods from China.
Shein, which sells garments directly from thousands of Chinese factories at ultra-low prices across the world, had previously told investors during roadshows that a London listing could happen as soon as this Easter, according to people with knowledge of the discussions.
But an initial public offering is now likely to be pushed into the second half of this year following Trump’s move to close the so-called de minimis rules, according to three people familiar with the process.
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