The Latest Breaking News from Shein

Fashion retailer considered £50bn float in London but has not received backing from Chinese authorities

Profits rise 56% to £38.2m in 2024 as company overtakes British rival Boohoo and closes in on Asos

Plea about ‘de minimis’ rule, which has underpinned the rise of the online specialists Shein and Temu

Chinese fast fashion retailer penalised month after €40m fine from French regulator in July

The decision comes after France fined the retailer €40m in July over fake discounts and misleading environmental claims.

Guangzhou is the humming heart of the global fast fashion industry, but uncertainty over US tariffs is putting pressure on orders and profits

President Donald Trump has introduced a sweeping tariff policy aimed squarely at online retail giants such as Alibaba Group (NYSE:BABA), Amazon.com (NASDAQ:AMZN), PDD Holdings (NASDAQ:PDD), the parent of Temu, and fast-fashion heavyweight Shein.

In this edition of our weekly talk show, participants discuss the launch of the EU budget deliberations, attempts to raise taxes on tobacco and alcohol and the major escalation in Europe's scrutiny of the fast fashion business model.

For centuries, clothes were hard to produce and expensive. People wore them as long as possible. But manufacturing advances have steadily driven down the cost of production. These days, clothing can be produced very cheaply. In the 1990s, companies began churning out fast fashion: low cost versions of high end…