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Keywords: Shein
Shein, the online fast-fashion retailer, is preparing to lower its valuation to around $50 billion for a potential London IPO, sources familiar with the matter have revealed. This marks a nearly 25% decrease from the company's 2023 fundraising value as it faces increasing challenges in the market. The......
The US Postal Service has halted the reception of parcels from China and Hong Kong indefinitely, a move that has sparked accusations of "unreasonable suppression" from Beijing, escalating the ongoing trade conflict between the two nations. This suspension coincides with President Donald Trump’s......
In a bizarre incident that turned a routine online shopping experience into a memorable scare, Sofia Alonso-Mossinger, a student at the University of Bristol, discovered a live scorpion inside a parcel from fast-fashion retailer Shein. The 18-year-old electrical and electronic engineering student initially......
The popular e-tailers Shein and Temu, known for their incredibly low prices, may soon face a significant shift in their pricing strategy as the Biden administration takes aim at a trade law loophole that has benefited these Chinese-linked retailers. This move could result in a substantial increase in......
In a dramatic turn of events that's shaking up the fast-fashion world, Chinese e-commerce powerhouse Shein has filed a lawsuit against its rival Temu, accusing the latter of widespread intellectual property infringement and fraudulent practices. The legal action, initiated in a federal court in......
Chinese fast fashion giant Shein has revealed two instances of child labor within its supply chain in 2023, as detailed in the company's latest sustainability report. This disclosure comes at a crucial time for the company, which is reportedly preparing for a potential stock market debut. The company......