Shein founder down $15B as IPO loses its shine
Shein founder Sky Xu’s fortune has plunged by more than $15 billion as the fast-fashion giant prepares for its Hong Kong IPO at a $26.5-billion valuation, far…
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41 results for “Shein”
Fraud watchdog finds online store selling 'childlike' sex dolls
Asian e-commerce giant Shein withdraws dolls from platform.
Temu and Shein see drop in transactions as tariff rules tighten
The so-called “de minimis” exemption, which previously allowed packages valued at $800 or less to enter the U.S. without tariffs, had given platforms like Temu…
Temu, Shein increase prices as U.S. tariff rules shift
Temu and Shein, popular online retailers, increase prices for U.S. shoppers as new tariffs on Chinese imports take effect. The changes come ahead of the…
SHEIN opens 4th pop-up store in Phl
The pop-up will be held at Festival Mall in Alabang between 13 to 17 March.
P5.2M fake goods seized in Parañaque
Police seize P5.2 million worth of counterfeit SHEIN-branded clothing and arrest seven suspects in a buy-bust operation at a Parañaque City establishment,…
PNP seizes P5.2M counterfeit goods in Parañaque
PNP arrests seven individuals and seizes P5.2 million worth of counterfeit SHEIN products in Barangay San Dionisio, Parañaque City.
BIR: Online registration for foreign DSPs extended
The Bureau of Internal Revenue has extended the registration deadline for non-resident digital service providers (NRDSPs) like Netflix, Google, and Shein to…
China slams U.S. suspension of parcels
The US Customs and Border Protection agency said exemption shipments were worth over $1.36 billion in 2024.
Trade war reloaded: China suing Trump
China to sue the US at the WTO in response to President Trump's new 10% tariff on Chinese goods, impacting companies like Shein and Temu. Learn more about the…
Nike stock plunges 78%, exits S&P 100
Nike stock has plunged 78% from its 2021 peak and is set to exit the S&P 100, underscoring years of underperformance amid rising competition, China challenges…
Awoo! Tricks to make costumes a treat for pets
‘Loud, flashy decorations with lights and sounds may be stressful for certain pets, causing them to harm themselves.’
BIR: Foreign DSP listing extended
The BIR extends the online registration deadline for non-resident digital service providers (NRDSPs) like Netflix, Google, and Amazon until 1 July, while…
Hong Kong’s postal service stops shipping U.S.-bound goods
Hongkong Post refuses to collect any tariffs on behalf of the US
Forever 21 closes all its US stores due to Bankruptcy
Fast fashion giant Forever 21 is closing all 350 US stores after filing for bankruptcy again. The retail chain faces challenges from shifting consumer behavior…
