Tag "Shein"
Shein’s UK subsidiary had a strong year, but serious risks cloud the outlook
Shein’s UK subsidiary has posted strong growth in 2024 as the company prepares for a global IPO. The division reported a 32.3 percent increase in revenue to £2.05 billion in...
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Duty-free Canaan is over: Trump’s global restrictions are disrupting e-commerce
Donald Trump has suspended duty-free international packages worth less than $800. The decision will seriously affect Chinese e-commerce players, global supply chains – and the wallets of American consumers, writes...
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Shein fined again: Italian competition authority steps in over misleading green claims
China-based fast fashion giant Shein has been hit with another financial penalty: the Italian competition authority (AGCM) has fined Dublin-based Infinite Styles Services Co. Limited, the company that operates the...
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Choking hazard pacifiers and toxic raincoats: EU investigates flood of Temu and Shein products
Pacifiers that can cause choking, sunglasses without UV filters, cosmetics containing banned chemicals – these are just a few examples of the problematic products that have entered the European Union...
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Temu has already targeted the European food market
The Chinese-rooted Temu is posing an increasingly serious threat to European retail: the online platform offering penny-sized industrial goods is now preparing to expand into food retail on the continent,...
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AliExpress launches fulfillment in Europe
Chinese online marketplace AliExpress is launching Local+, a fulfillment solution that allows retailers to outsource shipping. The platform has acquired several warehouses in Europe. As a result, shipping will be...
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Algorithms control the shopping cart – this is how online platforms transform shopping decisions
Impulse buying is no longer just a consumer psychology, but a business model: Chinese e-commerce giants – led by Temu and Shein – have opened a new era in digital...
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The Association of Conscious Shoppers sued Shein: they are manipulating customers with dark tricks
The Conscious Shoppers Association (TVE) has filed an official complaint with the European Commission against Shein, together with several European consumer protection organizations. The fast fashion giant is accused of...
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The European Union has launched a joint investigation into Shein – serious consumer protection concerns have been raised
The European Commission and EU consumer protection authorities have jointly launched a procedure against the Chinese online store Shein, the European Commission announced at the end of May. The aim...
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Drastic price increase for Temun and Sheinen: Trump’s tariff war is having an impact
Starting April 25, products ordered on the Chinese Temu and Shein platforms became noticeably more expensive for American customers after the Trump administration’s tariff war measures came into effect. According...
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Is game over for Temu and Shein in Europe, too?
The European market is facing a new challenge due to the US trade restrictions: packages from Shein, Temu and AliExpress are increasingly flowing into the EU. Due to the economic...
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SHEIN invests $70m to empower supply chain partners by 2028
It also invested $7.5M in Southern China factory upgrades. SHEIN is investing $70m in its Supplier Community Empowerment Program (SCEP) by 2028 to improve manufacturing facilities and worker conditions. So...
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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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