Study Reveals TikTok, Alibaba, Temu Collect Extensive User Data in America
Incogni finds top foreign apps downloaded in the US harvest names, locations, and emails, sharing them with third parties for ads and profiling.
SHEIN
Shein looks at moving back to China for Hong Kong listing after London IPO stalls
Fashion retailer considered £50bn float in London but has not received backing from Chinese authoritiesBusiness live – latest updatesThe online fashion retailer Shein is understood to be considering moving its base back to China from Singapore to pave …
Online fashion retailer Shein’s UK sales leap by a third to more than £2bn
Profits rise 56% to £38.2m in 2024 as company overtakes British rival Boohoo and closes in on AsosShein, the online fast-fashion retailer founded in China, increased sales in the UK by about a third to more than £2bn last year, overtaking the British r…
Shein fined €1m in Italy for misleading environmental claims about products
Chinese fast fashion retailer penalised month after €40m fine from French regulator in JulyThe Italian authorities have fined Shein €1m (£870,000) for making “misleading or omissive” environmental claims about its products, the second time in as many m…
EU commissioner shocked by dangers of some goods sold by Shein and Temu
Michael McGrath awaits results of secret shopper investigation amid crackdown on Chinese retail platformsThe EU justice commissioner has expressed shock at the toxicity and dangers of some goods being sold by Shein and Temu, amid a crackdown on the pop…
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 CommissionConsumer watchdogs from 21 countries have filed a formal complaint to EU authorities about alleged “dark” practices by the Chinese fast fashio…
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 listingShein is reportedly aiming to list on the Hong Kong stock exchange as the online fast-fashion retailer struggles to gain the go-ahead from Chinese regulators for a …
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 increaseAt one minute past midnight on Friday, eastern time, a US tariff exemption that has fuelled the rise of companies such as Shein and Temu, an…
Chinese e-commerce exports plummet in face of tariffs, despite rise in sales to EU
Shein and Temu among fast-fashion sites affected by 65% drop in shipping during first three months of this yearExports to the US from Chinese online shops such as Temu and Shein have plunged in the face of Donald Trump’s trade war, as shipping from Chi…
Rachel Reeves looks at ending zero tax regime for low-value imports
Chancellor reviewing rule that lets foreign retailers such as Amazon and Shein pay no duty on items costing under £135Markets rise as Trump backtracks on China tariffs and firing Fed chairRachel Reeves dashes hopes of early breakthrough in UK-US trade …