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Shein IPO plans hit by Trump’s low-cost parcels crackdown

President Donald Trump's new tariffs are impacting the sales of e-commerce companies Shein and Temu, with Shein's daily sales dropping by 41% in early February.
Temu faced a 32% decline in daily sales during the same period, according to data from Bloomberg's Second Measure.
Both Shein and Temu are increasing their operations in the U.S., with Shein opening distribution centers to adapt to the changing tariff environment.
The removal of the de minimis exemption could raise import costs for Shein and Temu, making it difficult to compete with Amazon, which has launched new budget initiatives.

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Channel News Asia

Fast fashion firm Shein's IPO to be delayed, FT reports

Fast-fashion group Shein's plans to list in the UK stock market are likely to be pushed to the second-half of this year after Donald Trump's move to close so-called "de minimis" rules, the Financial Times reported on Friday.The company's business prospects have come under a cloud in recent days after the

Shein IPO plans hit by Trump’s low-cost parcels crackdown

Fast fashion group was targeting London listing in first half of 2025

8 days ago·London, United Kingdom

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Quartz

Shein and Temu may already have a case of the Trump-tariff blues

President Donald Trump’s looming tariffsalready seem to be undermining the U.S. expansions of e-commerce giants Shein and Temu, as both companies reportedly experienced significant daily-sales drops recently.Read more...

9 days ago·United States

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StartupTalky

Shein Delays IPO to H2 After US 'De Minimis' Repeal

A renowned media house reported on 14 February that Donald Trump's decision to repeal the so-called "de minimis" criteria is likely to delay fast-fashion company Shein's plans to float on the UK stock exchange until the second half of this year. According to reports last month, Shein planned to go public in London in the first half of this year, provided it received approval from Chinese and UK regulators. The Trump administration's announcement…

8 days ago

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Techmeme

Sources: Shein's UK IPO may be delayed to H2 2025 after President Trump's tariff crackdown; Shein had told investors a London IPO could happen by Easter

Financial Times: Sources: Shein's UK IPO may be delayed to H2 2025 after President Trump's tariff crackdown; Shein had told investors a London IPO could happen by Easter — Fast fashion group was targeting London listing in first half of 2025 — Fast-fashion group Shein's plans for a bumper UK stock market listing …

8 days ago·California, United States

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regionalmedianews.com

Shein’s IPO to be delayed to second-half after US ‘de minimis’ repeal, FT reports - Regional Media News

(Reuters) -Fast-fashion group Shein’s plans to list in the UK stock market are likely to be postponed to the second-half of this year after Donald Trump’s move to close so-called “de minimis” rules, the Financial Times reported on Friday. Shein was aiming to go public in London in the first-half of this year, assuming it secured approvals from regulators in the UK and China, Reuters reported last month. The company’s business prospects have come…

9 days ago

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