Shein news and archive

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...

Business

Shein to reportedly launch in India via Reliance Retail deal

Chinese fast fashion giant Shein is believed to be set to embark on a new journey into India, where it has reportedly struck a deal with Reliance Retail Ventures. According to a report from the Economic Times (ET), Shein products will be sold by Reliance Retail’s app and brick-and-mortar stores, through a deal that is believed to have already...

Business

EU questions Shein, Temu over consumer protection

The EU on Friday demanded wildly popular shopping platforms Shein and Temu explain what action they are taking to protect consumers, including children. The query was made under the EU's breakthrough law known as the Digital Services Act (DSA) that forces platforms to do more to tackle the sale of illegal and harmful goods. The European...

Business

Amnesty International: 'Possible Shein IPO raises human rights concerns'

Chinese fast fashion giant Shein is believed to have filed for an IPO in London earlier this week, a move that is causing great concern within human rights organisation Amnesty International, which spoke of "a worrying development" in a press release. Shein works with smaller clothing manufacturers in China who, according to Amnesty...

Business

Shein reportedly files for London IPO

Fast-fashion retailer Shein has confidentially filed for an initial public offering in London, following the rejection of its U.S. public listing application in November, according to a report by Reuters. The company has updated the Chinese authorities about the change in listing venue. However, it is yet to receive an approval from the China...

Fashion |Opinion Featured

With 61.8m Zara items on sale at Vinted, is circular fashion in trouble?

The substantial presence of 61.8 million Zara garments on Vinted, the popular online secondhand marketplace, presents a complex picture of consumer behaviour, fast fashion, and sustainability efforts in the retail sector. Similarly, the platform lists 59.7 million H&M items, 21.8 million Shein pieces, 21 million Primark items and 10.2 million...

Business

Fast fashion face off: Shein hit with lawsuit from competitor Oh Polly

Shein is, once again, facing legal troubles. This time, the Chinese fast fashion giant has been confronted with a lawsuit from a direct competitor, UK-based brand Oh Polly. The complaint, which was filed with England’s High Court, was registered on the Intellectual Property list and was issued by both Oh Polly and its sister brand Bo&Tee. This...

Business

Shein partners with Ntx Group to leverage AI capabilities for even faster speed to market

Chinese fast-fashion giant Shein has partnered with Ntx Group to further accelerate its design and production processes by leveraging artificial intelligence (AI). A global textile innovation and solutions company, Ntx has implemented AI into its design, planning, and production capabilities and is among the preferred suppliers for sports and...

Business

Shein reportedly ups prices amid IPO battle

Fast fashion giant Shein is believed to have hiked up its prices on some core products ahead of its impending IPO filing. According to data from research firm Edited, seen by Reuters, some of the retailer’s prices have been raised by as much as over a third of their original cost, exceeding similar upticks of rivals such as Zara. Comparing...

Business

British Fashion Council voices concern over Shein's London IPO

Voices of opposition are growing louder against the potential listing of Shein, the ultra-fast fashion giant, on the London Stock Exchange. The British Fashion Council (BFC) has joined the chorus of campaigners expressing concern over this move. Caroline Rush, the BFC's chief executive, conveyed her apprehension, stating, "At a time when global...