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Customs duties: Shein and Temu raise prices
In the United States, in response to Donald Trump’s decision to raise customs duties to 145% on Chinese imports and end the de minimis rule from May 2, Asian e-commerce giants Shein and Temu...
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18 April 2025
Shein receives approval for its IPO on the London Stock Exchange
In the U.K., where Shein planned an I.P.O. on the London Stock Exchange in April 2025, the Singapore-based company finally received agreement from the U.K. Financial Conduct Authority according to...
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11 April 2025
Profit and market valuation slashed in half: will Shein postpone I.P.O.?
Shein may delay a London Stock Exchange I.P.O., initially planned for April 2025, to the second half of the year. According to the Financial Times on February 23, growth in 2024 fell short of...
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25 February 2025
Marketplaces: Brussels wants to limit entry of non-compliant products
On February 5, the European Commission presented a set of measures to limit entry into the EU of e-commerce parcels deemed not to comply with local standards. These are mostly sold by Asian...
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13 February 2025
Shein returns to India with Reliance Retail
Blocked since 2020 in India, Shein is back to compete with Myntra (Flipkart) and Zudio (Tata). The group signed a licensing agreement with Reliance Retail Ventures (RRVL), a subsidiary of the...
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11 February 2025
Mexico increases customs fees for Temu, Shein, AliExpress and others
As Donald Trump threatens to impose 25% customs duties on imports from Canada and Mexico, the Central America country is stepping up a fight against Chinese imports. On January 1, 2025, new...
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9 January 2025
After Indonesia, Vietnam decides to ban Temu and Shein
In Vietnam, after Temu and Shein missed deadlines (end of November) imposed by the government to register with the Ministry of Commerce, the platforms have been blocked from selling in the country...
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11 December 2024
[Regulatory] Indonesia, South Africa and Chile join the U.S. in an attempt to curb Shein and Temu
As the European Commission opened formal proceedings against Temu on October 31, global governments are mobilising to defend local economies against Shein, AliExpress and others. While the U.S. is...
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25 October 2024
Faced with Shein’s growth, the U.S. and the E.U. attack exemptions from customs duties
As the Biden administration has been threatening TikTok in America, the ultra-fast fashion giant Shein (GMV of US$45 billion in 2023, net margin of US$2 billion) could be subject to additional...
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26 September 2024
In New York, Shein’s pop-up at Forever 21 attracted 5,000 visitors in 4 days
In the USA, Shein is rolling out pop-up stores within Forever 21 stores. While the offer is a mix of fashion and home decoration, the group told mind Retail about the 2023 results of the pop-up...
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23 November 2023
UK : After Missguided, will Shein acquire TopShop?
Shein continues a strategic shift towards a marketplace business, already launched in the U.S.A. Brazil and now due in Europe. It has just acquired Missguided and may add Topshop in its portfolio.
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31 October 2023
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Most viewed articles of the month on mind Retail
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Advantail signs with Formality to streamline commercial lease management
Amid an ownership shake-up following its acquisition by Evoriel, shopping centre operator Advantail has signed with Formality to digitise the management of commercial leases and contracts across...
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