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144 new news items in the last 24 hours
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  2. Economy

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

Raluca Ioana Draghici
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10 February 2025, 13:55
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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

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NEWS ON THE SAME TOPICS

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Economy
Shein invests 500 million euros in Poland for faster deliveries and expands its logistics center near Wrocław
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Shein allocates another 500 million euros for the expansion of the logistics center in Poland, which will reach an area of one million square meters
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Shein, the online shopping platform, announces that the 3 euro fee applied to packages from outside the EU affects orders and will lead to price increases.
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China is calling on France to suspend its anti-ultra-fast-fashion law, which imposes taxes of up to €20 per item
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Shein raised 1.7 billion dollars at its listing in Hong Kong. The online retailer was valued at 26.3 billion dollars, below previous expectations.
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The Shein group could be valued at nearly 25 billion dollars
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Shein China new production capacities financial incentives vietnam increase in orders

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