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
22:52
Dan Neculăescu supports human oversight of artificial intelligence and clear rules against abusive use
22:29
The U.S. Federal Reserve decided to maintain the benchmark interest rate at 3.75%-4%, despite persistent high inflation
22:14
Diana Stoica accuses PSD and AUR of blocking the Finance Minister’s hearing in Parliament
22:02
Cristela Georgescu accuses the proceedings in Călin Georgescu’s case of irregularities following the extension of his pretrial detention
21:54
Eurostat: Real per capita income rose by 0.1% in the EU in the second quarter of 2026, while the saving rate fell
See more news