Sheins plans to go public in the UK are likely to be delayed until the second half of the year due to the U.S. governments move to eliminate the de minimis import rule, the Financial Times reported. The fast-fashion

Shein and rival Temu together probably accounted for more than 30% of all packages shipped to the U.S. each day under the de minimis provision, the U.S. congressional committee on China said in a 2023 report. The measure exempted shipments of less than $800 from import duties.

Shein is believed to be cutting its valuation to 50 billion dollars ahead of a planned IPO in London, Reuters has reported. This is a significant drop

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.

Fast-fashion retailer Shein's plans to list on the UK stock market have been postponed, likely until the second half of this year, according to a report by the Financial Times on Friday.