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The Latest Breaking News from Shein

Asos accused of rewarding ‘spectacular failure’ as CEO gets £300k rise amid losses

Retailer’s share price has crashed amid post-Covid high street recovery and competition from Shein and others

The Guardian - UK

Shein targets London stock market float in early 2025

The blockbuster float is expected to value the retail giant at around £50 billion.

The Independent UK

Temu exploded out of nowhere to become a mega online store — but should you trust it?

What's it really like ordering from internet discount giant Temu?

Tom’s Guide

From analysis to the latest developments in health,
read the most diverse news in one place.

Temu beware, Amazon Haul has arrived with "crazy" prices

Amazon launches its own low-price marketplace.

Amazon Launches Low-Cost Online Storefront Featuring Products Under

Amazon launches Amazon Haul with affordable products under and integrates Freevee content into Prime Video with ads for non-paying Prime members.

Top News

Amazon takes on Temu and Shein in a big way

Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. The Dow and the S&P 500 bounce-back to record highs as a tame inflation report gives the Federal Reserve room to keep cutting interest rates. Meanwhile, shares of ...

The Street

Amazon launches Haul to fill your stockings for under $25

Amazon Haul is a Temu, Shein, or TikTok Shop alternative where all products are $20 or less.

TechRadar

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Buy Now, Pay Later: Latin America Pressured By Chinese Online Shops

Isidora Olave opens a package containing a T-shirt, a skirt and a handful of glitter stickers shipped to her front door in Santiago, Chile, all the way from China almost 20,000 kilometers (11,800 miles) away.

International Business Times

Amazon launches an online discount storefront to better compete with Shein and Temu

Amazon has launched a low-cost online storefront featuring electronics, apparel and other products priced at under $20

The Independent UK

Amazon unveils 'Haul'—its ultra-discount Temu rival selling $1 earrings and $8 leggings

Amazon is trying to address its struggle to inspire online shoppers to do the equivalent of window shopping.

Fortune

Peter Mandelson’s consultancy advised Shein until early 2024

Fast fashion retailer did not appear in list of clients published by Global Counsel, co-founded by Labour peer

The Guardian - UK

Shein partners with a popular children's clothing brand

Shein teams up with a classic children's clothing company to sell its products online.

The Street

Analyst adjusts Meta stock price target with earnings on tap

This is what could happen next to shares of Meta Platforms.

The Street

‘Amazon tax’ to save Britain’s high streets under consideration by Reeves

The British Retail Consortium, the industry’s trade body, welcomed the idea of reform but warned against the idea of simply punishing online players

The Independent UK

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The Guardian - UK

Boohoo boss to step down as review launched that could spark breakup

John Lyttle to stay as CEO of fashion group, which includes Debenhams and Karen Millen, until successor found

Fortune

The real reason for Shein’s success? A cognitive bias known as 'temporal discounting'

New research suggests that consumers do care about durability—but it’s rarely top of mind when they’re making a purchase.

International Business Times

Shein Customer Orders Boots, Receives Live Scorpion: 'I Thought It Was A Toy -- And Then It Moved'

A college student thought she was dreaming when she found a poisonous scorpion in her package.

Latin Times

Shein Customer Orders Boots, Receives Live Scorpion: 'I Thought It Was a Toy -- And Then It Moved'

A UK college student thought she was dreaming when she found a poisonous scorpion in her Shein package.

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news in one place.

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The Guardian - UK

Shein doubles profits in UK after sales leap 40% to £1.5bn

Fast-fashion retailer presents ‘real challenge for Boohoo and Asos’ as it considers £50bn IPO, says analyst

Evening Standard

Shein's UK sales and profits double ahead of potential London IPO

Shein is already one of the country’s biggest e-commence players despite having only launched in the UK around a decade ago.

The Guardian - UK

Superdry boss: ‘Shein should pay tax in a fair way or there will be UK bankruptcies’

Julian Dunkerton on how Brexit was an ‘economic disaster’ and why the brand is focusing on ‘preppy classics’

The Conversation

Gen Z supports sustainability – and fuels ultra-fast fashion. How does that work?

Generation Z has been called “the sustainability generation”.

The Independent UK

Shein faces scrutiny in Italy over possible greenwashing

Italy’s antitrust watchdog is investigating the online fastfashion giant Shein for potentially making misleading claims about its sustainability practices

Pedestrian.tv

A TikToker Got More Than She Bargained For In Her Shein Package: ‘Wanted To Throw Up’

“I dumped the packages out and they fell out onto my feet and the ground.”

Fortune

Superdry's boss would force Shein to pay more taxes if he could

Critics have highlighted that Shein has avoided paying taxes on low-value packages owing to a loophole.

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