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137 new news items in the last 24 hours
  1. Home
  2. International

Shein has ended its collaboration with communications firms Brunswick and FGS, complicating plans to list on the London Stock Exchange because of US tariffs

Delia Niculescu
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4 May 2025, 14:16
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International
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Online retailer Shein has decided to drop the services of communications companies Brunswick and FGS, which were backing its bid to list on the London Stock Exchange. The decision reflects the major hurdles faced in the process, particularly due to Donald Trump's high tariffs on Chinese goods. Although Shein has obtained approval from UK authorities for its IPO, it is still awaiting approval from Chinese authorities, which could delay the listing until the second half of the year.

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News.ro
Shein renunţă la firmele britanice de comunicare, pe fondul incertitudinilor privind listarea la bursă din Londra cauzate de tarifele lui Trump
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Profit.ro
Retailerul online de modă Shein renunță la firmele britanice de comunicare
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G4Media
Retailerul online de modă Shein renunţă la firmele britanice de comunicare, pe fondul incertitudinilor privind listarea la bursă din Londra cauzate de tarifele lui Trump

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Shein has obtained approval from Chinese authorities to list on the Hong Kong Stock Exchange.
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Shein reported a net loss of 99 million dollars in the first quarter of 2026, in the context of slowing sales and the removal of tax exemptions for small imports.
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Shein plans conclusion of collaboration

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Nicușor Dan, after the failure of the negotiations on the Salary Law: The parties assume the loss of the 770 million euros related to the milestone from the PNRR.

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