Tag "Shein"
Shein postpones its London IPO: market challenges and changing strategies
Popular Chinese online fashion retailer Shein has postponed its planned IPO on the London Stock Exchange. The decision was made amid a number of market developments, including the issue of...
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SHEIN’s first Hungarian store has opened
On December 10, 2024, at noon, SHEIN’s first Hungarian store opened in the Sugár Shopping Center, on Örs vezér square in Budapest. With this step, the globally popular fashion brand...
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They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which drew conclusions from the responses of more than 6,000 young people in Germany, France, Spain, Italy, China and the US...
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Temu and Shein’s aggressive marketing strategy is reshaping the Black Friday market
Temu and Shein’s online marketing campaigns are causing significant difficulties for competing retailers and brands, especially during the Black Friday period. The two fast-growing e-commerce platforms spend huge amounts of...
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Most top online sellers in Europe are not European
Of the thousand largest online sellers in Europe, 49 percent have their headquarters on the continent. A majority are based elsewhere, primarily in the United States or China. The share...
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Shein reaches 7.7 billion euros in sales in Europe
Last year, fashion platform Shein generated 7.68 billion euros in sales in Europe. This was an increase of 68 percent, compared to a year earlier. Its profitability has also increased...
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Temu and Shein are in trouble
The Vietnamese government has set a deadline for online retailers Shein and Temu to register with local authorities – otherwise they face blocking, the reports Reuters. Chinese platforms are required...
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A Shein product caused severe burns to a British teenager
A 13-year-old teenage girl in Hampshire, England, suffered severe burns from nail glue bought from an online store Shein. The case has refocused attention on the quality and safety of...
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New regulations may apply to low-value packages from China
The US government plans to tighten regulations on small-value shipments from China, which could have a major impact on popular online shopping sites such as Shein and Temu, reports the...
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German government develops ‘ecommerce action plan’
German Minister for Economic Affairs and Vice Chancellor Robert Habeck is working on an ecommerce action plan. With this plan, the government aims to create a level playing field between...
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An investigation may be launched against Shein and Temu for dangerous products
The two heads of the US consumer protection authority, Peter Feldman and Douglas Dziak, are urging an investigation into the e-commerce platforms Shein and Temu after finding dangerous baby and...
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Child labor among Shein’s suppliers: the fast fashion giant faces stricter regulations
The Chinese fast fashion company Shein discovered child labor among its suppliers in two cases in 2023, the BBC reported. The company has recently tightened its supplier controls, and according...
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Shein sues Temu
The legal battle in the world of e-commerce has taken another turn after Shein sued its rival Temut in the United States. According to a report by CNBC, Shein accuses...
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Dangerous substances have been found in the products of Chinese e-commerce giants
The security risks of products sold by Chinese online giants such as Shein, Temu and AliExpress have once again come under the spotlight. According to the latest investigation by the...
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Market share of Chinese platforms in Spain reaches 34%
One in three (34 percent) of online purchases in the first half of this year in Spain were placed on Chinese platforms, such as Alibaba, Temu or Shein. The market...
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Shein unveils UK investment plans and launches ‘circularity fund’
Shein has pledged to invest £211m (€250m) over the next five years in the UK and Europe, according to Reuters, as it launches a “circularity fund”. The fast fashion giant...
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Is the era of cheap Chinese stuff over? The EU is introducing tariffs
The European Commission plans to introduce new measures on cheap goods sold by Chinese online retailers such as Temu, AliExpress and Shein. This is intended to deal with the increase...
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Shein is facing a difficult time
Shein, one of the leading players in the fast fashion online fashion trade, faces various challenges when planning its IPO. The company, originally founded in China and later moved to...
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SHEIN launches Korean website
This affirms the group’s commitment to catering to the Korean market. Global online fashion and lifestyle retailer, SHEIN has announced the launch of its dedicated Korean website, https://kr.shein.com/. Based in...
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Shein is preparing for an IPO with a significant price increase
Chinese fashion retailer Shein, known for its low prices, has now implemented a significant price increase on some of its core products. By doing so, you probably want to increase...
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Delays are expected for Shein and Temu orders due to new measures by US customs authorities
According to the latest reports, US Customs and Border Protection (CBP) has tightened inspections to curb the importation of illegal goods, which has a direct impact on online commerce giants...
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Shein is preparing for the London Stock Exchange, America would ban them
Chinese online fashion retailer Shein plans to list on the London Stock Exchange (LSE) after the US political environment would be hostile to the company’s New York IPO. Shein, which...
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Scary amounts of toxic substances have been found in Shein’s children’s products
A recent investigation ordered by the South Korean government has revealed serious security concerns about products sold by Chinese online commerce giants. During the inspections, dangerous levels of toxic substances...
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Germany Supports Closing Loopholes Favoring Chinese E-commerce Growth
Germany endorses a European Union proposal aimed at tightening the tax exemption rules that have aided the expansion of Chinese e-commerce platforms like Temu and Shein. Currently, packages valued under...
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Shein employees work for pennies, 75 hours a week
According to the latest investigation by the Swiss advocacy group Public Eye, Shein, the Chinese fast fashion giant, is still not keeping its promise to improve working conditions. At some...
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That’s why Shein is so successful
The Chinese Shein is only ten years old, but it has already become the world’s largest fast fashion clothing brand, surpassing the Spanish Zara and the Swedish H&M. With the...
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Shein expands with cheap products and expensive stocks
Among the Chinese online retailers conquering the world with fashion goods at dumping prices, Shein is preparing for another big launch, as it has announced its intention to carry out...
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E-commerce: only one in twenty visitors buys at Shein and Temu
Shein and Temu, the Chinese giants of e-commerce, are growing at a brutal pace, but they do not threaten the market leader in the online retail space, Amazon. Although Shein...
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