Shein explores US restructuring as Trump tariffs threaten London float
Fast-fashion giant Shein is reportedly exploring restructuring its US business, as the ongoing trade war between the US and China threatens its long-rumoured London float.
The retailer’s US business accounts for around a third of its $38bn (£28.5bn) and is set to come under heavy strain after the Trump administration closes the tax exemption ‘de minimis’ loophole later this week.
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