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
15:48
MoND condemns the aggression in Caracal. A non-commissioned officer is being investigated for attempted murder after allegedly attacking his wife
15:35
Woman stabbed by her husband on a street in Caracal / The attacker is a military officer
15:19
Pedro Alliana was sworn in as president of Paraguay after Santiago Pena's dismissal
15:03
Tanczos Barna says the UDMR could provide Romania’s president following political changes in the United States and Europe
14:50
Eurojust announces preventive measures for four more people in the Romania–Germany investigation into the trafficking of women
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
