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
International
foto:shutterstock
Always see our news on Google
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.
Sources
Shein renunţă la firmele britanice de comunicare, pe fondul incertitudinilor privind listarea la bursă din Londra cauzate de tarifele lui Trump
Retailerul online de modă Shein renunță la firmele britanice de comunicare
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
Latest News
15:39
A 70-year-old man died after being hit by a car on Calea Dorobanți in Bucharest.
15:30
Mihai Stoica, the president of FCSB, announces that the team will bring in a new foreign striker after being eliminated from the Conference League
15:28
Fire on board a vessel with migrants in the English Channel: 157 people rescued by the French Coast Guard
15:24
A new section of the Sibiu-Pitești Highway could be opened this year
15:18
Survey: Americans have more confidence in democracy on economic issues, while Donald Trump's approval rating is declining.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
