🇨🇳🇬🇧SHEIN WANTS TO GO PUBLIC IN LONDON — BUT TRADE WARS AND TARIFFS ARE THROWING FITS
Shein just got the green light from UK regulators to go public, but between Trump’s China tariffs, disappearing duty-free perks, and Beijing’s approval drama, this IPO is basically walking a runway in a hurricane.
The $10-dress empire still needs China to say yes, even though it technically ditched its HQ for Singapore in 2022.
Also, fun fact: Shein doesn’t own any factories. It outsources to nearly 6,000 manufacturers and ships everything by air, one cheap outfit at a time.
Bottom line?
Shein’s trying to launch its stock while dodging tariffs, regulators, and PR nightmares, all in heels.
Source: Reuters