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SHEIN poised to slash valuation in London IPO
Exclusive: Shein poised to slash valuation to $50 billion in London IPO
The company's business prospects have come under a cloud in recent days after the Trump administration said it would close the "de minimis" duty exemption in the United States, ending an import rule that had helped Shein keep prices low.
Shein poised to slash valuation in London IPO after Trump ends trade loophole: report
The Chinese fast-fashion firm is reportedly expected to slash its valuation after President Trump this week ended a trade loophole that allowed Shein to offer ultra-low prices.
Shein valuation cut to $50 billion ahead of potential London listing
Online fast fashion retailer Shein is reportedly planning to lower its valuation to around $50 billion for a potential listing in London, according to a report by Reuters. This would be nearly a quarter less than the company's fundraising value of $66 billion back in 2023.
China, Trump and SHEIN and Temu
Trump closed a China loophole. Shein and Temu were already prepared.
Shein and Temu shifted more of their orders to be fulfilled in the US ahead of de minimis changes.
Donald Trump’s China Tariff Could Hurt Fast Fashion Brands SHEIN, Temu And More
If you buy from fast fashion brands like SHEIN and Temu, you can still receive your items but expect to pay a little more for your goods.
Why Trump Wants to Close a Trade Exemption for China
President Trump’s order imposing additional tariffs on China this week also suspended a popular trade exemption known as the de minimis provision that has let bargain platforms such as Shein and Temu skirt import duties and red tape on low-value packages from China.
1d
Trump just crushed Shein’s business model. Now what?
Forcing ultracheap Chinese brands to pay taxes can level the playing field for American brands—and reshape consumer behavior ...
15h
Will Shein and Temu raise prices? Here's how the USPS affect U.S. shoppers
Yes, this change will likely affect online shopping sites like Shein and Temu, which are popular among young U.S. shoppers ...
1d
Temu, Shein targeted as EU cracks down on unsafe e-commerce imports
Chinese online marketplace Temu and fast-fashion retailer Shein will be liable for the sale of unsafe and dangerous products ...
1d
on MSN
Shein gets more questions from EU about DSA compliance
A day after the European Union dialed up its scrutiny of fast-fashion giant Shein, the bloc's executive branch said that it ...
14h
on MSN
Trump Reinstates ‘De Minimis’ Tariff Exemption For Shipments Under $800—Boosting Shein And Temu
What Is The De Minimis Rule, And Why Does It Matter For Temu And Shein? A provision of the Tariff Act of 1930, it was ...
14h
on MSN
Trump Has Paused an Order That Would Have Made Shein and Temu Purchases More Expensive
The USPS will resume shipping packages from China and Hong Kong following a brief stoppage yesterday, but new fees could make ...
2d
on MSN
What New U.S. Policies on Imports From China Mean for Shein and Temu
USPS said it would work with Customs and Border Protection to implement a collection process for new China tariffs to avoid ...
2d
Prices On Groceries, Cars And Popular Products From Shein And Temu Could Also Spike Amid Trump’s Tariffs
The president’s tariffs against China, Mexico and Canada eliminated a trade exemption used by low-cost retailers.
12h
on MSN
Kash Patel's financial ties to Chinese fast-fashion brand Shein raise alarms
Financial disclosure forms reveal Trump's pick to lead the FBI has multimillion-dollar ties to Shein, a company accused of ...
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