Shein is allegedly encouraging some of its China suppliers to set up production bases in Vietnam to avoid new US tariffs on ...
New Chinese tariffs put in place by President Donald Trump has had an effect on popular fast-fashion brands like SHEIN.
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.
Shein faces pressure from the UK government, potential tariffs on China and a global crackdown on ‘de minimis’ sales.
Still, small factory owners remain confident in the strength of the country’s garment supply chain. Read more at straitstimes ...
Shein, Temu and their suppliers ​are moving to shift production out of China​ before they potentially lose a U.S. duty-free provision.
The website of the Department of International Trade Promotion reports that the Ministry of Industry and Trade of Vietnam has ...
According to CNBC, the nearly century-old exception, known as de minimis, has been used by many e-commerce companies to send ...
Shein is looking at delaying its blockbuster London initial public offering following changes to import tariffs in the US.
"The majority of what I consider to be industry-disruptive unicorns will be coming from Asia" in the next decade, predicts ...