Charts: Primark cuts gap with Shein on prices
While Shein has lost its advantage in the US as a result of the de minimis loophole being closed, price competition in the UK market remains fierce without government intervention.
As Shein gears up for its listing on the Hong Kong market next week, the fast-fashion retailer has seen its valuation slip from $100bn in 2022 to a max of $26.8bn for its initial float.
Already have an account? Sign in here