Financial and political volatility are having a chilling effect on the industry’s environmental efforts. But failure to act now will bring bigger risks in the future, writes Kenneth P. Pucker.| The Business of Fashion
Singapore-headquartered Shein has consulted lawyers on setting up a parent company in mainland China, the report said, adding that discussions were only preliminary with no guarantee of Shein finalising the move.| The Business of Fashion
The global retailer’s UK business reported a pretax profit of £38.25 million ($51.8 million) in 2024, up 56.6 percent from 2023.| The Business of Fashion
The retailer is in early stages to broaden its range of low-cost offerings, which would primarily include apparel, household goods and other non-food items.| The Business of Fashion
Local factories report falling orders, claiming the ultra-fast-fashion giant is diversifying production to Vietnam.| The Business of Fashion
The company’s latest sustainability report shows it’s still fashion’s most polluting player, with planet-warming emissions that far outstrip those of rivals and help make the brand a target for politicians and regulators.| The Business of Fashion
President Trump’s sky-high tariffs on China, along with the end of the de minimis tax loophole, have left American fashion businesses scrambling. BoF unpacks the challenges ahead as companies try to navigate the situation.| The Business of Fashion
As the de minimis loophole is set to close in the US, the fate of fast-fashion purveyors Shein and Temu, who announced price increases effective today, hangs in the balance.| The Business of Fashion
With Google’s online advertising business declared an illegal monopoly and Meta at risk of spinning off Instagram, the digital advertising market could be headed for an overhaul with a looming recession in the backdrop.| The Business of Fashion
Facing potential US tariffs, Chinese e-commerce platforms like Temu and Shein are increasing their focus on European markets, though merchants remain largely committed to the US due to its scale and lower regulatory hurdles.| The Business of Fashion
Discover the latest news, insight and analysis about Shein on The Business of Fashion. Our articles offer comprehensive coverage of industry leaders, including companies and individuals, and their impact on the fashion, luxury and beauty industries.| The Business of Fashion