- Advertisement -
Fast-fashion retailer Shein is weighing a restructuring of its US operations as US President Donald Trump’s tariffs on Chinese imports threaten to jeopardise its London IPO, the Financial Times reported on Wednesday.
The US business, which generates roughly one-third of Shein’s $38 billion annual revenue, is expected to face significant pressure as a tax exemption known as “de minimis” is set to end this week, the report said.
De minimis refers to the US waiver of standard customs…
