TikTok Shop Surges Ahead, Outpacing Shein in Market Share Race In the ever-competitive landscape of e-commerce, TikTok has emerged as a formidable player, making significant strides in grabbing market share from established giants like Shein. Recent data revealed by BSM’s Joe Hung showcases TikTok’s impressive performance, with observed sales skyrocketing by a staggering 153 percent […]
Shein Is Said to Face Investor Pressure to Slash Valuation to $30 Billion
Shein Shareholders Push for Valuation Slash to Facilitate UK IPO Fashion giant Shein is currently facing investor pressure to reduce its valuation to $30 billion, as shareholders advocate for a strategic move to ensure the success of its potential initial public offering (IPO) in the United Kingdom. According to sources familiar with the matter, Shein […]
Temu, Shein See US Sales Drop After Trump Targets China Trade
Temu, Shein See US Sales Drop After Trump Targets China Trade The recent move by President Trump to eliminate the exemption of customs duties on parcels under $800 from China has sent ripples through the retail industry. Companies like Temu and Shein, known for their affordable and trendy clothing options, have seen a significant drop […]
Worldview: Designers Deploy AI at Seoul Fashion Week
Worldview: Designers Deploy AI at Seoul Fashion Week In the fast-paced world of fashion, staying ahead of trends and technology is essential for success. Seoul Fashion Week, known for its cutting-edge designs and innovative approaches, recently showcased a groundbreaking development – the deployment of Artificial Intelligence (AI) by designers. This move not only highlights the […]
Shein Asks Some Chinese Suppliers to Diversify to Vietnam
Shein Asks Some Chinese Suppliers to Diversify to Vietnam In the ever-changing landscape of global trade, adaptability is key to success. The latest player to make a strategic move is the fast fashion giant Shein, which is proactively responding to the challenges posed by US tariffs. The company has recently approached some of its Chinese […]
Shein Vendors Fear Thin Margins Will Vanish Under New USPS Rules
Shein Vendors Fear Thin Margins Will Vanish Under New USPS Rules The landscape of international e-commerce is facing a potential upheaval as the US Postal Service wavers on its treatment of inbound packages from China. This uncertainty is sending ripples of concern through vendors associated with popular Chinese e-commerce platforms like Shein and Temu. The […]
US considers adding Shein and Temu to forced labour list
US Considers Adding Shein and Temu to Forced Labor List Chinese retailers Shein and Temu are facing heat as the United States contemplates the possibility of placing them on a forced labor list. This move comes after allegations of human rights violations in their supply chains have surfaced, prompting concerns from various human rights organizations […]
Shein, Temu, Amazon Haul Set for Price Hikes in the US
Shein, Temu, Amazon Haul Set for Price Hikes in the US The landscape of online shopping is about to undergo a significant shift for US consumers as popular low-cost retailers like Shein, Temu, and Amazon face impending price hikes. This change comes on the heels of President Trump’s decision to terminate a crucial trade loophole […]
Worldview: Dubai Fashion Week Casts a Wider Net
Worldview: Dubai Fashion Week Casts a Wider Net The world of fashion is a dynamic and ever-changing industry, with new trends, designers, and events constantly shaping the landscape. One such event that has been making waves in the industry is Dubai Fashion Week. Known for its opulence and extravagance, Dubai Fashion Week has long been […]
Shein Makes Low-Key Return to India With Ambani After 2020 Ban
Shein Makes Low-Key Return to India With Ambani After 2020 Ban The global retailer Shein has stealthily made its way back into the Indian market, marking a significant comeback after facing a ban in 2020. This time around, the popular fashion brand has re-entered India through a strategic partnership with Reliance Industries, headed by the […]