Topic
41 stories in this topic
Fast-fashion retailer Shein Group is reportedly mulling over the idea of relocating its headquarters to China. This move is supposedly aimed at gaining approval from Beijing authorities for its proposed Initial Public Offering (IPO) in Hong Kong. Relocation…
The South African retail market has witnessed significant disruption with the entry of Chinese e-commerce firms, Shein and Temu. Together, they constitute 3.6% of the nation’s retail sector, specifically the clothing, textile, footwear, and leather (CTFL)…
In a decisive move underscoring the growing scrutiny on corporate sustainability claims, Italy’s Competition Authority has levied a hefty fine of $1.15 million (€1 million) against Infinite Styles Services Co. Ltd, the company behind Shein’s European…
Fast-fashion retailer, Shein, founded in China, has reportedly submitted an application for an initial public offering (IPO) in Hong Kong. This move has been interpreted as a strategic effort to expedite their listing process and to put pressure on the UK’s…
In a notable crackdown on misleading retail practices, France’s antitrust authority has levied a hefty fine of 40 million euros (approximately $47.17 million) against fast-fashion giant Shein. The company, founded in China, has been scrutinized for alleged…
In a strategic move to reduce dependency on China amid escalating U.S. tariffs, Shein and Reliance Retail are set to ramp up their Indian supplier network from 150 to a remarkable 1,000 within just a year. This ambitious expansion plan, as reported by…
The BEUC, a Pan-European consumer organization, has lodged a complaint with the European Commission against Shein, an online fast-fashion retailer. The grievance centers on Shein’s use of “dark patterns”, a series of strategies designed to increase purchases…
Global online fashion giant Shein is stepping up its commitment to product safety with a substantial $15 million investment slated for 2025. The objective? A robust enhancement of safety and compliance protocols across its expansive platform. Ambitious…
Fast-fashion retailer Shein is facing opposition from the Chinese government over its plans to shift some production out of the country, Bloomberg News reported on Tuesday, citing people familiar with the matter. China’s Ministry of Commerce has reached out…
Shein is offering its Chinese manufacturers temporary incentives to move some of their production to Vietnam in response to rising US tariffs. The incentives include up to a 30 percent increase in procurement prices and larger order guarantees. The move is…
Shein is scaling its adoption of Cool Transfer Denim Printing technology by 90 per cent to boost sustainability in denim production. This method – implemented in 2021 in partnership with NTX – significantly reduces water and energy consumption while…
American e-commerce giant Amazon has launched Amazon Haul, an affordable e-commerce storefront which offers products priced US$20 or less. Items such as a $3 iPhone case or a pack of four socks for $7 are sold with a variety of options on the new store, which…
Chinese e-commerce platforms Temu and Shein, known for their steep discount strategies, are seeking to entice Vietnamese consumers by offering lavish promotions. Le Hung of Hanoi recently got a dash camera three days after ordering on Temu, all for VND71,000…
Clothing purchased from Shein for scientific testing has been found to contain “significant quantities” of potentially dangerous chemicals. The investigation found that one pair of shoes contained 428 times the permitted levels of phthalates – the highest…
Japanese fashion giant Uniqlo said Tuesday that it is suing Chinese rival Shein over copycats of a massively popular crossbody pouch dubbed online the “Mary Poppins carryall.” Videos of fans praising its deceptively small size have gone viral on social media,…
Chinese fashion giant Shein has reportedly been in talks with Mike Ashley’s Frasers Group to acquire the UK-based fashion platform Missguided. Sky News said the two companies have been negotiating for several weeks. The move came about a year after Missguided…
