The Latest Breaking News from Shein

Shein outsells British rival Asos as UK revenue hits £2.58bn

Online retailer’s 26% jump sharpens focus on exemption letting cheap parcels into the country duty-free

The Guardian - UK · Oct 9

Global Market: Shein shares tumble 6% as quarterly profit plunges 67%

Shein shares fell over 6% after quarterly profit plunged 67% to $228 million, while margins narrowed sharply. Higher freight and jet fuel costs pressured profitability. Shares have declined 27.3% since their Hong Kong debut. The company plans to address rising European inventory and expand higher-priced clothing to improve margins.

The Economic Times · Sep 29

Shein cautions over uncertain backdrop after European sales slide

Shein revealed its latest performance in its first trading update since floating on the Hong Kong Stock Exchange at the start of this month.

Evening Standard · Sep 28

EU Commission eyes major import overhaul to crack down on illegal Chinese products

Brussels is preparing a new law to crack down on non-compliant imports as part of a broader effort to curtail illegal Chinese products entering the EU market. The draft proposal also includes liability for online marketplaces, a new market surveillance fee and centralised enforcement.

Euronews · Sep 10

SHEIN Recalls About 963 Spiral Toys Over Small Balls in the Fourth Such Recall Since August 2025

CPSC says about 963 SHEIN spiral toys violate the federal small ball ban. It is the fourth recall of this toy design in about a year.

Medical Daily · Sep 7

Shein’s stock market debut was a major flop. Does it signal the death of ultra-fast fashion?

“A model that floods the market with thousands of new daily styles at single-digit price points can only exist by passing its true costs onto labour and the environment.”

Euronews · Sep 6

Shein seeks fast-fashion deals to spur growth

Armed with $15 billion ​in cash, according to its prospectus, plus another $1.74 billion raised in the IPO, it is primed for an acquisition-driven phase as ​it seeks to recover from stalled sales growth.

The Economic Times · Sep 5

China Threatens France Over New Shein and Temu Levy as Paris Defends 'Eco-Friendly' Fashion Crackdown

France enacts a law imposing levies on ultra-fast fashion brands like Shein and Temu to curb environmental impact, sparking opposition from China, which views the measure as discriminatory.

International Business Times UK · Sep 4

China lambasts France’s ‘discriminatory’ fast-fashion law

China on Thursday called on France to abandon a new law on ultra-fast fashion that would impose fees of up to almost €20 per garment, calling it "clearly discriminatory". The law, which targets major Asian e-commerce platforms including Shein and Temu, aims to curb the industry's environmental and local economic…

France 24 · Sep 3

China demands France scrap fast fashion law targeting Shein and Temu

Beijing has threatened with unspecified measures in response to France’s new environmental penalties on ultra-fast-fashion retailers.

Euronews · Sep 3