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Peter Pernot-Day, Shein's global head of strategy and corporate affairs. Courtesy Shein Shein has become a major power player in fast fashion thanks, in part,…
Peter Pernot-Day, an executive at Shein, said the fast-fashion giant isn't "scouring the internet" the way people think.
Returns have long been a challenge for fashion retail, battering the bottom line and costing businesses billions of pounds a year, analysts estimate. But
The meteoric rise of shopping platforms selling Chinese-made goods, including Shein and Temu, has been fueled by a decades-old loophole that allows cheap products like $10 dresses to land in U.S. mailboxes tariff-free. This happens thanks to a "de minimis" rule exempting packages valued at $800 or less from tariffs as long as they're addressed and shipped to individuals. The exemption is open to all retailers but is most heavily used by Shein and PDD Holdings' Temu, and potentially by TikTok's new e-commerce business.
The filing this week claims that Shein is in violation of the Racketeer Influenced and Corrupt Organization...