EU plans to impose customs duty may hurt Shein’s London float goals

Shein

The European Union’s plans to impose a customs duty on cheap goods would impact imports from online retailers and Shein’s London listing, The Guardian has reported.

The EU looks likely to move ahead with the plan, filling in a loophole that helps online retailers such as Shein and Temu do business in mainland Europe.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now