By AFP Translated by Nazia BIBI KEENOO Published July 3, 2025 France’s consumer protection authority has fined fast-fashion giant Shein €40 million ($47.17 million) for deceptive commercial practices, including misleading promotional pricing and exaggerated environmental claims. The penalty follows a months-long investigation by the Directorate-General for Competition, Consumer Affairs and Fraud Control (DGCCRF), under France’s…
By Reuters Published June 27, 2025 China-founded fast-fashion retailer Shein plans to file a draft prospectus confidentially for its Hong Kong listing, marking a rare departure from the usual practice of companies making public filings of IPO documents, three sources with knowledge of the matter said. Shein prepares Hong Kong IPO filing under confidentiality rules…
By Reuters Published June 26, 2025 H&M is aiming to attract U.S. shoppers by keeping prices stable, while rivals Zara and Shein raise theirs in response to rising tariffs. The fast-fashion sector, heavily reliant on low-cost imports from China, Vietnam and other Asian markets, is under pressure as trade disruptions reshape sourcing strategies. H&M seeks…
By Reuters Published June 9, 2025 Fashion retailer Shein and its partner Reliance Retail plan to rapidly expand their Indian supplier base and sell India-made Shein-branded clothes overseas within six to 12 months, according to two people familiar with the matter. Shein and Reliance target global sales for India-produced clothes. – Reuters The sources said…
By Bloomberg Published June 3, 2025 Fast fashion is responsible for a significant share of the world’s climate pollution and waste. But among the industry’s leading companies, there’s a widening gap between better and worse performers, according to a report card released Tuesday by nonprofit Stand.earth. An H&M store in Vilnius, Lithuania. – Photographer: Andrey…
By Reuters Published May 28, 2025 According to three sources familiar with the matter, Shein is moving forward with plans to list in Hong Kong after its proposed initial public offering (IPO) in London stalled due to delays in securing Chinese regulatory approval. Shutterstock One source said that the fast-fashion giant China-founded aims to file…
By Reuters Published May 5, 2025 Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, boosted their spending on digital ads in Europe in April, data from market intelligence firm Sensor Tower showed, a shift away from the U.S., where the companies face crushing tariffs. Reuters Shein’s ad spending rose 35% in France…
New figures from the analysts at GlobalData show that both Shein and Adidas grew strongly last year, ending as the big winners among the mega-names of global mass fashion and sports. Bloomberg GlobalData said that a “challenging economy made consumers more selective over where they shopped for apparel in 2024”. Overall, the top 10 players…
By AFP Published March 16, 2025 Tariffs imposed by the Trump administration will not eject fast-fashion juggernaut Shein from the US market, its executive chairman, Donald Tang, has told AFP. Shein says US tariffs won’t slow fast-fashion surge. – Shein The head of the online platform, which has faced scrutiny over its environmental footprint and…
Fast-fashion giant Shein has finally said that yes, it is planning a stock exchange listing and while it didn’t specifically say it would be in London, it hasn’t ruled it out. Bloomberg Shein’s listing ambitions have long been talked about and its original focus was New York. However, the welcome for a Chinese-linked company there…