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129 new news items in the last 24 hours
10 February 13:55

Shein encourages its top suppliers to open new production capacity in China by offering financial incentives.

Raluca Ioana Draghici
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Economy
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<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.

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Business Magazin
Scapă cine poate: Gigantul fast-fashion Shein îşi încurajează furnizorii din China să deschidă fabrici în Vietnam pentru a ocoli tarifele lui Donald Trump
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Ziarul Financiar
Scapă cine poate: Gigantul fast-fashion Shein îşi încurajează furnizorii din China să deschidă fabrici în Vietnam pentru a ocoli tarifele lui Donald Trump

ȘTIRI PE ACELEAȘI SUBIECTE

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Economy
Shein reported sales of 2.05 billion pounds in the U.K. in 2024, up 32.3%, but faces legislative changes that could hurt its competitive advantage.
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International
Marcin Kuśmierz, the head of Allegro, warns that the EU risks a flood of Chinese products, affecting European SMEs, if it does not take swift action.
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International
Chinese companies have rented almost 190,000 square meters of storage space in Great Britain, with the tendency to exceed the record from 2021.
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Shein China new production capacities financial incentives vietnam increase in orders

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