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
07:23
Superliga: The red-blues draw with Farul, score 2-2, and return to first place in the standings
22:58
The Oradea City Hall will turn on the public lighting an hour later to reduce energy consumption.
22:42
Volodymyr Zelensky dismissed Olha Stefanișena from the position of ambassador to the USA, in the context of allegations of embezzlement.
22:30
Switzerland: An outbreak of legionellosis in Basel has led to 26 cases / Authorities suspect cooling towers as the source of contamination
22:18
Unit 2 of the Cernavodă Nuclear Power Plant can operate for only five days due to the decrease in the Danube's water level.
See more news