All Shein articles – Page 3
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NewsShein abandons hunt for UK warehouse as London listing hangs in the balance
Shein has reportedly abandoned its hunt for a warehouse in the UK, calling into question whether its long-mooted London IPO will go ahead.
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NewsRetailers are considering setting up US subsidiaries to counter Trump tariffs
British retailers are exploring ways to fight President Trump’s tariffs, including ceasing exports or looking at setting up US subsidiaries.
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NewsShein is set to slash target London IPO valuation
Shein is reportedly set to slash the target valuation for its highly-anticipated flotation on the London Stock Exchange.
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NewsMonsoon boss urges UK to also close tax loopholes that benefit Shein
Monsoon Accessorize chief executive Nick Stowe has called for the UK to take the same stance as the US and shut tax loopholes that give online giant Shein advantages over UK retailers.
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NewsShein and Temu could be hit by US ban on parcels from China
The US Postal Service has stopped accepting parcels from China and Hong Kong, which is thought likely to impact online giants Shein and Temu.
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NewsShein and Temu face challenges due to Trump tariffs
More questions have been raised around Shein’s London listing after president Trump made a move to close a tax ‘loophole’ that has allowed the likes of Shein and Temu to sell cheap products while avoiding tax charges.
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NewsUK mobile users spend more time on retail apps than email
The number of UK retail app downloads declined in 2024, according to Sensor Tower’s State of Mobile 2025 report.
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AnalysisRanking: The most downloaded retail apps of 2024
Temu was the most downloaded retail app for both the UK and the world in 2024, with Shein in second position
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NewsShein has been accused of ‘wilful ignorance’ in showdown with MPs
Fast-fashion giant Shein has been accused of showing “wilful ignorance” when struggling to answer questions about its supply chain from MPs.
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NewsShein and Temu summoned to face MPs over employment rights
Fast-fashion giants Shein and Temu are set to be grilled by a parliamentary committee as part of an ongoing probe into employment rights.
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NewsShein is eyeing ‘exemption’ from listing rules ahead of anticipated London IPO
Fast-fashion giant Shein is reportedly seeking an “exemption” from UK regulators in regard to overlooking listing rules that require at least 10% of its shares to be sold to the public ahead of its highly-anticipated London float.
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NewsShein’s London IPO is facing further delays due to new supply chain questions
The approval of Shein’s IPO has been delayed due to unanswered questions around its supply chain and legal risks as a result of challenges by a new advocacy group for China’s Uyghur population.
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NewsLIVE 2025: Shein joins the line-up alongside Currys, Kingfisher and Boots
Peter Pernot-Day, head of strategic and corporate affairs at Shein, has joined the line-up for Live 2025.
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NewsShein is targeting early 2025 for blockbuster London float
Shein, the fast-fashion ecommerce giant, is reportedly preparing to launch its massive £50bn IPO on the London Stock Exchange in early 2025.
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NewsAmazon has launched a new low-cost online service in the US set to rival Shein and Temu
Amazon has launched a new online service offering low-cost goods in the US which is set to challenge the likes of discount retailers Shein and Temu.
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DataRanking: The top 25 fastest-growing retailers show how we shop the ‘new normal’
Thanks to the Interpath Retail Index 2024, Retail Week can reveal the top 25 fastest-growing retailers and what they tell us about how shoppers behave in the ‘new normal’. To read the full report and see the full list of fastest-growing retailers which goes up to 100, click here.
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NewsShein and Temu’s growth rates are predicted to plummet in 2025
Online retail giants Temu and Shein are set to see their respective growth rates plummet in 2025, according to a report by market research firm Forrester.
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Retail Navigator AnalysisShein (Strategy)
Shein overtakes competitor Boohoo, revealing UK sales of £1.55bn in the year ended 31 December 2023. The retailer said “significant milestones” in the year included pop-up shops around the UK as well as the opening of a Manchester office.
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Retail Navigator AnalysisShein (Financials)
UK revenue at Shein (Shein Distribution UK Limited) surged to £1.55bn in the year ended 31 December 2023 (FY2023). The retailer said “significant milestones” in the year included pop-up shops around the UK as well as the opening of a Manchester office.
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NewsShein’s UK profits have doubled as sales hit £1.5bn
Fast-fashion giant Shein’s UK profits have doubled year on year and sales have surpassed £1.5bn, exceeding the revenue of rival Boohoo.