Shein news and archive

Shein: CO2 emissions increased by 45 percent in 2023

Ultra-fast fashion giant Shein is under scrutiny for its environmental and social practices. The company's latest sustainability report shows that greenhouse gas emissions increased by 45 percent by 2023. This significant increase underscores the environmental impact of Shein's fast-paced production model. More specifically, Shein's absolute...

Business

Shein finds cases of child labour and forced labour in supply chain

Shein has discovered two criminal offences in its supply chain between Q1 and Q3 2023, the Chinese fast fashion giant stated in its recently published sustainability report. Both cases, involving child labour and forced labour, were 'swiftly resolved', the company said. Shein is ramping up checks on its suppliers, including checking workers'...

Report

Shein reportedly mulling selling shares to British public

Fast fashion giant Shein is understood to be considering selling its shares to the British general public as part of its controversial listing on the London Stock Exchange. Plans for such a procedure, which is being backed by the company’s bankers, including JP Morgan, are believed to be at an early stage, according to The Telegraph, which...

Business

Temu opens marketplace to European traders

Temu's sales platform is now open to users in Europe, according to a report by the trade journal for web retailers Twinkle after an employee of the company announced the news in a post on LinkedIn. Temu will now offer EU merchants the option to outsource certain tasks, such as advertising and promotion, in addition to “extensive support,...

People

Former EU Commissioner Günther Oettinger to advise Shein

Former EU Commissioner Günther Oettinger will lobby for Chinese fast-fashion giant Shein. Oettinger is to advise Shein on the political climate in the European Union, as reported by Dutch media platform NOS on Wednesday. The Chinese fast-fashion giant is trying to improve its reputation against the backdrop of a planned IPO in London. Shein has...

Business

Seoul authorities find toxic substances in Shein and Temu products

Women's accessories sold by some of the world's most popular online shopping firms contained toxic substances sometimes hundreds of times above acceptable levels, authorities in Seoul said Wednesday. Chinese giants including Shein, Temu and AliExpress have skyrocketed in popularity around the world in recent years, offering a vast selection of...

Fashion

Shein launches Back-to-School collection with TV-personality Jess Vestal

Chinese fast-fashion online retailer Shein has launched a back-to-school collection with reality TV personality Jessica Vestal and her daughter Autumn. Vestal, an executive assistant from Illinois, the US, first rose to fame when she appeared in the sixth season of 'Love is Blind' with the hopes of finding her future husband as a single mum. The...

Business

Shein reportedly eyeing British warehouse ahead of potential IPO

Chinese fashion giant Shein is believed to be mulling the opening of a UK-based warehouse as it continues to pursue a possible IPO filing on the London Stock Exchange. The company is understood to be seeking a large-scale site between 300,000 to 600,000 square feet in the UK’s Midlands, according to a report by The Telegraph, which said that...

Fairs

Shein is named exclusive fashion partner for KCON LA 2024

Chinese ultra-fast fashion giant Shein has been named as the exclusive fashion partner for KCON LA 2024, a leading K-Pop fan and artist festival in Los Angeles, California, for the first time. The new partnership sees Shein introduce several immersive and interactive experiences to the event and launch a curated collection. Inspired by K-Pop...

Business

Mary Portas backs petition attempting to block Shein’s UK IPO

Retail expert Mary Portas has backed a newly launched petition calling on the UK government to block Shein’s controversial IPO filing on the London Stock Exchange. Sharing a link to the petition in her Instagram story, Portas joins a growing number of fashion and retail businesses, figures and experts in expressing concern over the possibility...

BusinessFeatured

Can a 250-million-euro ‘Circularity Fund’ make Shein circular?

It may seem strange indeed to hear ultra-fast fashion giant Shein boasting of circularity measures: The company has launched a new 200 million euros “Circularity Fund” in the EU and the UK plus a further 50 million euros for “broader ESG measures”, planning to invest a total of 250 million euros in circularity over the next five years. However,...

RetailFeatured

Amazon's foray into ultra-fast fashion will be a seismic shift in e-commerce

The e-commerce giant Amazon is poised to disrupt the ultra-fast fashion market, a sector currently dominated by Chinese powerhouses Shein and Temu. This strategic move marks Amazon's entry into a burgeoning market segment characterised by rock-bottom prices and direct-from-China shipping models. With Shein and Temu reportedly dispatching up to 1...