Shein - TechWire

Shein

2025.10.27

19:58

French Nature Association responds to "Greek expansion in France"

SHEIN, a rising fast fashion giant, plans to open its first physical store in France on November 1st at the iconic BHV department store. However, the move has been met with opposition from several local groups. The French Jury of Ethics in Advertising (JDP) has accused SHEIN of "greenwashing," a practice in which companies falsely claim environmental benefits through advertising. The ruling stems from a complaint filed by the French Nature Environment Association (French Environment), which alleges that SHEIN's advertising is misleading. In a response letter to BUG, FRENCITY cited the systemic environmental and social problems associated with SHEIN's "ultra-fast fashion" business model as a primary reason for opposing SHEIN's expansion in France. The association claims that the brand relies on overproduction and incentivized consumption, releasing approximately 10,000 new items daily, and uses advertising and short-term promotions to induce frequent purchases and accelerate consumption. The association is calling for stricter policies to curb the environmental and social harms caused by "ultra-fast fashion" brands.

2025.09.18

21:11

Amazon (AMZN.O): Merchants can use Amazon's logistics network to process, pack and ship Walmart orders, with additional capabilities for Shopify (SHOP.N) and Xiyin to be added by the end of the year.

2025.07.31

18:01

Market news: Xiyin Group's net profit in the first quarter increased to more than US$400 million, with revenue approaching US$10 billion.

2025.05.28

16:22

Xiyin plans to submit a draft prospectus for listing in Hong Kong? No official response

Market sources said that Xiyin plans to submit a draft prospectus for listing in Hong Kong in the next few weeks. Regarding this news, we asked Xiyin officials, but they did not respond as of press time.

15:11

Sources: Xiyin plans to submit a prospectus for a Hong Kong listing in the coming weeks after its IPO plans in London encountered obstacles.

15:10

Source: Xiyin plans to go public in Hong Kong this year.

2025.04.30

19:21

According to the Financial Times: Xiyin is exploring ways to restructure its US business.

2025.04.26

16:53

US e-commerce platforms collectively raised prices, with prices of nearly 1,000 products on Amazon rising significantly

Trump's recent tariff policy has led to an increase in global trade tensions and increased operating costs for merchants. According to a U.S. media report on April 25, many merchants on e-commerce platforms such as Amazon in the United States have begun to increase the prices of their products. According to data provided by a price analysis agency, since April 9, the prices of nearly 1,000 products on Amazon's website in the United States have risen significantly, covering multiple categories such as clothing, household goods, electronic products and toys, with an average price increase of nearly 30%. Several cross-border e-commerce platforms including Temu and Xiyin have issued announcements stating that due to the increase in operating costs caused by "recent changes in global trade rules and tariffs", price adjustments will be implemented starting April 25. There are also a large number of American netizens on social media who lamented that everything in the shopping cart has become more expensive overnight.

2025.04.18

17:45

Xiyin and Temu informed US consumers of price increase from April 25: tariff changes lead to higher operating costs

Affected by the US tariff policy, two well-known e-commerce platforms are about to adjust prices in the United States. Recently, clothing e-commerce platform SHEIN and Pinduoduo's cross-border e-commerce platform Temu issued a notice on their official website stating that due to recent changes in global trade rules and tariffs, operating expenses have increased. In order not to reduce quality, price adjustments will be made from April 25, 2025. Before April 25, prices will remain unchanged. "Since we began serving American shoppers, our goal has been simple: to provide high-quality fashion products at affordable prices while making a positive impact on the communities we serve." Temu issued an almost identical notice, saying that its operating costs have risen, so it will increase prices starting next week. The company also added that before then, prices will remain unchanged. However, neither platform disclosed the details of the increase.

2025.04.09

14:51

Guangzhou Municipal Bureau of Commerce: Xiyin's domestic supply chain continues to increase its layout

Recently, foreign media reported the news of "Xiyin supply chain transfer". In this regard, the Guangzhou Municipal Bureau of Commerce stated: As a global enterprise that grew up in Guangzhou, Xiyin continues to increase its layout and investment in the domestic supply chain with Guangzhou as the core. In the first quarter of this year, the export volume in Guangzhou continued to grow, which undoubtedly made the rumors of supply chain transfer self-defeating. According to incomplete statistics, Xiyin has promoted the employment and development of millions of people in the upstream and downstream by driving a large number of industries such as domestic trade exports, production and manufacturing, warehousing and logistics, and transportation. On the other hand, with the continuous deepening of Xiyin's platform strategy, Xiyin, in addition to its own brands, has helped more third-party brands and merchants to open up the international market through cross-border e-commerce through the "cross-border e-commerce + industrial belt" model. At present, Guangdong Province has become a demonstration province for the Xiyin platform industrial belt to go overseas. In 2024, the Xiyin platform has achieved full coverage of the industrial belts of 21 prefecture-level cities in Guangdong.

2025.04.08

17:55

China reportedly urges Shein not to move supply chain abroad

China has advised Singapore-based online fast-fashion retailer Shein not to move its supply chain abroad, Bloomberg reported Tuesday, citing sources.

2025.02.18

08:01

In a letter to shareholders, Shein's executive chairman said the company's growth remains strong despite recent challenges.

2025.02.17

17:47

Shein reportedly asked to cut valuation to $30 billion for London IPO

Singapore-based fast-fashion retail platform Shein has been asked to lower its valuation for a London IPO to $30 billion, according to Bloomberg.

2025.02.13

18:32

British Business Secretary: (When asked about Xiyin's listing in London) The specific listing matters will be decided by the financial regulator.

2025.02.07

17:03

Shein said to drastically cut valuation to $50 billion in London IPO

Singapore-based online fast-fashion retailer Shein plans to slash its valuation to about $50 billion in a possible London IPO, according to Reuters.

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