Shein, known for its affordable prices, is facing difficulties after the introduction of a 3 euro tax on packages from outside the European Union, starting from July 1. This tax, applied to orders under 150 euros, risks affecting the company's development, which has seen a decline in orders in some European countries.
Each item in a package is taxed, which further complicates the situation. In this context, Shein is considering raising prices to offset the additional costs. The company has emphasized that these measures could have a negative impact on its sales in Europe, which account for 32% of total revenues.
Additionally, Shein mentioned that it will introduce an additional processing fee of 2-4 euros. The European tax has been implemented to limit the influx of products from China that do not meet European standards and is temporary, set to be reviewed in two years.
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