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Fast-fashion giant Shein reportedly more than doubled its profits in 2023 — to a record-high of more than $2 billion — as the China-owned company awaits approval to go public in the US.
There are just four days left before Chinese e-commerce sites Shein and Temu will raise prices due to recent tariff increases. Both companies issued recent notices announcing the price increases ...
Online fast-fashion retailer Shein's profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the Financial Times reported ...
Fast fashion retailer Shein found two cases of child labor at its suppliers last year, it said in its 2023 sustainability report, as it stepped up audits of manufacturers in China to assuage ...
Shein, which reportedly earned $32.2 billion in sales last year, says its business model reduces waste and keeps prices low, but it also requires suppliers and workers to contend with fluctuating ...
“Cheap goods” sold on Temu and Shein aren’t as cheap as they were 24 hours ago. On Friday, the two companies raised prices on many goods in advance of new tariffs set to take effect next week.
Cheap clothing and products from Shein and other Chinese online retailers are among the products impacted by tariffs between the United States and China.. Earlier in May, the Trump administration ...