Shein executive seeks to reassure investors after Trump crackdown on low-value imports

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Shein executive seeks to reassure investors after Trump crackdown on low-value imports

Shein is working toward an IPO in London, but Trump’s decision to end the ‘de minimis’ duty-free provision for imports from China worth less than $800 triggered concerns about its business model

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SHEIN faces import challenges in US ahead of planned IPO

Chinese fast fashion giant SHEIN, is working to reassure investors following the recent changes to the de minimis import exemption in the United States, as per reports. The elimination of this exemption, which previously allowed duty-free import of low-value goods, poses a challenge to SHEIN’s business model as it prepares for its London IPO. In […] The post SHEIN faces import challenges in US ahead of planned IPO appeared first on Apparel Resou…

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What’s Behind Trump’s De Minimis Reversal, And Is Shein In the Clear?

The president walked back an executive order banning shipments originating in China from de minimis treatment over a week ago.

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(Dan Tri) - Executive Chairman Shein affirmed that the company's growth is still strong despite the US ending its tax-free policy for low-value packages from China and increasing import taxes.

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The fast fashion giant seeks to reassure investors after the elimination of the de minimis tariff benefit, which affects their business model in the US.

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Shein chairman says growth ‘remains strong’ despite tariff woes

Shein’s executive chairman, Donald Tang, has reportedly reassured shareholders that the company’s growth “remains strong”, even after the US removed duty-free status for low-value ecommerce packages from China and increased tariffs, according to Reuters.  This change has raised concerns about Shein’s business model, with some analysts suggesting that both Shein and its rival Temu (owned by PDD Holdings) may need to increase prices as a result.  …