Ultra-fast fashion giant Shein is allegedly encouraging some of its major China suppliers to set up production bases in ...
According to Bloomberg, Shein is asking suppliers based in China to pivot to Vietnam in the face of tariffs impacting the U.S ...
The move comes after the President Trump removed the “de minimis” rule, which allowed duty-free imports of low-value goods.
Shein is reportedly looking to move production to Vietnam to combat US President Trump's plans to raise US tariffs.
By expanding its supply base, Shein aims to mitigate the impact of U.S. tariffs that threaten its core business model.
El gigante de la moda rápida Shein está pidiendo a algunos de sus principales proveedores de ropa en China que establezcan ...
Americans love Shein, Temu and AliExpress for two reasons: low prices and fast shipping. Trump’s tariffs could change that.
PDD Holding’s (PDD) e-commerce platform, Temu, and a privately held online retailer, Shein, have recently seen a major drop ...
Shein faces pressure from the UK government, potential tariffs on China and a global crackdown on ‘de minimis’ sales.
Shein is said to be offering incentives for moving to Vietnam, such as procurement price increases of up to 30% and promises of larger orders, according to global news publication Bloomberg.
But those aren’t the only incentives it’s purportedly offering; Bloomberg reported that Shein told Chinese suppliers it would help to build plants in Vietnam and to bring materials over from ...