Shein encourages its top suppliers to open new production capacity in China by offering financial incentives.
Raluca Ioana Draghici
Economy
Shutterstock
Always see our news on Google
<p>Fast-fashion giant Shein is encouraging its suppliers to set up new manufacturing capacity in China by offering incentives that include purchase prices up to 30% higher. The company aims to reduce the impact of new tariffs announced by the US on imports from China. Shein is proposing to some of its Chinese suppliers to open production lines in Vietnam, offering them 15-30% higher purchase prices and guaranteeing them bigger orders.
Sources
Scapă cine poate: Gigantul fast-fashion Shein îşi încurajează furnizorii din China să deschidă fabrici în Vietnam pentru a ocoli tarifele lui Donald Trump
Scapă cine poate: Gigantul fast-fashion Shein îşi încurajează furnizorii din China să deschidă fabrici în Vietnam pentru a ocoli tarifele lui Donald Trump
Latest News
16:56
A tree collapsed onto a car traveling on Aviatorilor Boulevard
16:48
Six flights were targeted by bomb threats on Tuesday. The planes made emergency landings in several European countries
16:42
The CJEU rules that a seven-year drug sentence alone does not justify refusing surrender to Romania
16:29
Poland mobilizes police and army at the border with Kaliningrad, following warnings about possible acts of sabotage
16:25
Volodymyr Zelenskyy says Ukraine compromised Russia’s air warning system in retaliation
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
