Shein

Proposed US tax changes will not hurt competitive edge, Shein says

Government plans to close a loophole in the US that allows low-value shipments to enter the country duty free will…

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Today’s news in brief-9/9/24

Asos has declined a £215m bid for Topshop from Shein and Authentic Brands Group, choosing instead to proceed with a…

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Asos rejected £215m Shein Topshop bid for lower offer

Asos reportedly declined a £215m bid for Topshop from Shein and Authentic Brands Group, in favour of its joint venture…

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Temu owner PDD sees shares plummet 29% despite strong Q2 results

Temu owner PDD holdings saw its shares plummet 29%, wiping out $55bn (£41.6bn) off the company’s market value, after its…

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Shein uncovers two cases of child labour in supply chain

Shein has revealed it uncovered two cases of child labour in its supply chain last year, as both cases were…

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Shein mulls selling shares to British public amid IPO backlash

Shein is reportedly looking to sell its shares directly to the British public after its potential £50bn listing on the…

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Today’s news in breif-13/8/24

UK wage growth has fallen to a two-year low, with wages excluding bonuses growing by 5.4% in the three months…

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Shein scouts Midlands warehouse ahead of London IPO

Shein is reportedly looking to open its first British warehouse within the Midlands’ “golden logistics triangle” ahead of its anticipated…

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Today’s news in brief-4/7/24

The European Commission is taking a decisive step to tackle a surge in unsafe and substandard products flooding EU markets…

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EU proposes new custom duties to curb Chinese imports

The EU has reportedly drawn up plans to impose custom duties on cheap products from Chinese online retailers such as…

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