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The Latest Breaking News from Shein

The youngest self made billionaire on the planet still shops at Shein and pulls up to work in a Honda Civic: ‘Act broke, stay rich,’ Lucy Guo says

Lucy Guo is now the youngest self-made woman on the planet—knocking Taylor Swift off the top spot. But even with a $1.3 billion net worth, the 30-year-old cofounder of Scale AI tells Fortune she still pinches pennies.

Fortune

Consumer groups lodge complaint about Shein's online nudging with EU Commission

Consumer advocates file EU complaint against Shein, revealing new evidence of unfair practices. The Chinese e-commerce giant is accused of pressuring users into unwanted purchases through manipulative design.

Euronews

Shein accused of ‘shaming’ customers into buying more than they can afford

Consumer watchdogs accuse Chinese fashion firm of ‘dark’ practices in formal complaint to European Commission

The Guardian - UK

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Gen Z and the sustainability paradox: Why ideals and shopping habits don’t always align

As the summer shopping season kicks off, all eyes are on Gen Z — those born between 1997 and 2012 and whose purchasing power wields significant influence over market trends.

The Conversation

French legislation to rein in fast fashion faces crucial test in Senate

French senators begin debating landmark fast fashion legislation Monday that could reshape how ultra-cheap clothing is sold and marketed, but ecologists fear the proposed law has been significantly diluted from its original form.

Radio France Internationale

SHEIN Ditches London IPO? Why the Fast Fashion Giant Is Now Eyeing Hong Kong Instead

Despite receiving the green light from the UK's Financial Conduct Authority, SHEIN encountered delays with the China Securities Regulatory Commission.

International Business Times UK

Shein Targets 2.5 Million Safety and Quality Tests—Will This Effort Be Enough for EU?

After getting targeted by the European Commission, Shein announced a new effort to conduct millions of safety and quality tests. Will it be enough?

International Business Times UK

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Shein seeks Hong Kong stock market listing in blow to London – reports

Shein has been planning to float in London for the past year but has struggled to get the go-ahead from Chinese regulators.

Evening Standard

Shein turns to Hong Kong for flotation as London attempt stalls, reports say

Fast-fashion retailer struggling to gain go-ahead from Chinese regulators for UK listing

The Guardian - UK

Shein accused of breaking EU law with manipulative sales tactics

The EU has slammed Shein for using fake discounts, manipulative pressure tactics and misleading claims, in breach of consumer laws and called for urgent redress.

Euronews

EU calls on Shein to respond to claims of fake discounts and pressure selling

The European Commission has given the fast-fashion retailer one month to rectify practices the bloc believes could be breaching consumer law.

Evening Standard

EU's €2 handling charge for cheap imports to snare Chinese products

Trade Commissioner Maroš Šefčovič announced a fee to counterbalance the cost safety checks for products coming from China – and hopefully curbing numbers of packages sent to Europe.

Euronews

Shein and Temu Orders Just Got Costlier — With One Big Exception

Tariffs and new rules raise costs for US shoppers on Shein and Temu, while Europeans enjoy relatively minor price increases.

International Business Times UK

EU Plans Two-euro Flat Fee On Small Parcels From Outside Bloc

The EU said Tuesday that it was preparing to impose a two-euro ($2.25) flat fee on the billions of low-value packages that flood into the bloc each year, the great majority from China.

International Business Times

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The Independent UK

US-China deal to slash tariffs also eases burden on cheap packages

Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over sky-high tariffs

Kiplinger

Hallmark Price Increase Due to Tariffs: What You Need to Know

Even some companies with U.S.-based manufacturing are impacted by the Trump administration’s trade dispute.

Marie Claire

How Trump’s Trade War Is Affecting 6 High-Street Fashion Brands

On Friday, the president ended a loophole that had allowed affordable products from China to remain exempt from tariffs.

The Guardian - US

Tech giants beat quarterly expectations as Trump’s tariffs hit the sector

What’s new in AI – from effects on job market to Meta’s new app and ChatGPT changes – and a look at Musk’s first term

Get all your
news in one place.

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International Business Times UK

SHEIN Takes New Measures To Save 'Endangered' London IPO: From Restructuring to Zero Ad Spend

SHEIN is also exploring shifting part of its production to countries like Brazil and Turkey to mitigate the impact.

Evening Standard

Amazon to roll out low-cost Haul service in the UK

The launch comes as Amazon seeks to battle the rapid growth of Chinese-linked e-commerce rivals Temu and Shein.

International Business Times

US Ends Duty-free Shipping Loophole For Low-cost Goods From China

The United States on Friday ended a tariff exemption for goods shipped from China worth less than $800, dealing a major blow to popular e-commerce sites such as Shein and Temu, whose cheap items consumers have come to rely on.

The Guardian - UK

Why is Trump ending the ‘de minimis’ tariff loophole on low-value imports?

Goods worth less than $800 will be subject to 120% levy meaning prices on Chinese exports will probably increase

Euronews

Amazon posts robust sales and profit beat but outlook clouded

Amazon posted higher first-quarter profit and sales that beat analysts' projections, underscoring the online behemoth's hold on shoppers looking for low prices and a wide selection in an uncertain economy.

Al Jazeera

Trump-Amazon spat: What happened and how much US consumers import online

The White House criticised Amazon after a report said it planned to inform customers how much tariffs will cost them.

The Guardian - UK

Chinese e-commerce exports to US plummet by 65% in face of tariffs

Temu and Shein among fast-fashion sites affected by drop in first three months of this year but sales in rise to EU

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