A group of leading retail and business organisations has written to the UK Treasury calling for a formal consultation on online VAT reform.
The company currently operates four stores across Gurugram, Bengaluru and Chennai, and intends to focus on major metropolitan areas for its next phase of expansion.
The EC said the proceedings will scrutinise Shein’s safeguards aimed at preventing illegal goods being sold within the European Union.
The retailer is running the pilot at its Trends and Yousta stores, with plans to expand it to the Smart Bazaar chain later this year.
The refinancing extends all note tranches within the group’s £1.77bn UK securitisation facility to 1 February 2029 on improved margins.
