Shein’s first public offer (IPO) in London faces more delays. The fast fashion giant originally aimed to list it on the London Stock Exchange around Easter 2025 (around April 20th). However, according to The Financial Times (FT), the Chinese company reportedly missed the target because of “Trump’s crackdown on a low-value package.”
The US government plans to abolish minimum rules under President Trump. This means that goods worth less than $800 will no longer be exempt from import operations. This has a great deal of implication for Shein shipping low-cost packages directly from factories in China.
These changes could increase tariffs on Shane’s products, disrupt the company’s pricing strategy, and make it more difficult to maintain ultra-low prices, reported Dutch newspaper Financieele Dagblad. Media outlet said it was “probably” that the company postpones the IPO in late 2025, as the company is tackling the potential impact of the new trade regulations, according to insiders.
Shein’s London IPO has faced delays for some time due to ongoing geopolitical tensions. The company filed confidential documents with the UK Financial Conduct Authority (FCA) in June 2024, but as previously reported by Reuters, approvals are slower than expected.
Additionally, FT and Reuters experts had already predicted that Trump’s de Minimis policy would affect Shein’s profitability. Additionally, Sheen is awaiting regulatory approval from both the UK and Chinese authorities before it can be listed on the London Stock Exchange.
