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April 27, 2024
 

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SHEIN

Around 90% of China’s increased oil demand between 2021 and 2024 comes from chemical feedstocks, driven by the manufacturing of products such as those sold by fast-fashion retailers Shein and Tamu.
COMMENTARY / World
Apr 1, 2024
China's Shein and Temu are driving oil, not Toyota and GM
The cause behind recent a surge in China's oil demand is not to be found in people's transport habits, including car use, but in fast-fashion clothing.
As their popularity grow, Shein and Temu together send almost 600,000 packages to the U.S. every day.
BUSINESS / Companies
Feb 22, 2024
Rise of fast-fashion Shein and Temu roils global air cargo industry
Their pursuit of limited air-cargo space to woo consumers with rapid transit times make off-peak seasons almost disappear and cause capacity shortages.
Garments at a Shein Group pop-up store inside a Forever-21 store in the Times Square neighborhood of New York on Nov. 10, 2023
BUSINESS / Companies
Jan 31, 2024
Cars and online retailers outperform as China exports disappoint
The sectors represented the fastest expansion among China's economy, with an export value of at least $10 billion.
Uniqlo's Round Mini Shoulder Bag on sale at a store in London
BUSINESS / Companies
Jan 16, 2024
Uniqlo sues Chinese fast-fashion rival Shein to defend hit bag
Fast Retailing joins rival Hennes & Mauritz in suing Shein for copyright infringement in Hong Kong where litigation has been underway since 2021.
Chinese fast-fashion upstart Shein has excelled with its offering of $9 hoodies and other bargain-basement apparel.
BUSINESS / Companies
Dec 7, 2023
Amazon targets Shein with fee cuts for cheap apparel sellers
Rare move by U.S. e-commerce giant shows its intent of muscling into Chinese fast-fashion upstart's territory.
Shein, a Chinese-founded online fast fashion platform, has filed to go public in the U.S. in what could be one of the world’s biggest IPOs.
COMMENTARY / World
Dec 4, 2023
Chinese are making a killing everywhere but in China
China's companies are racing to reap the benefits of entering the U.S., while also running away from a crowded and competitive local market.
People walk past the booth of fashion retailer Shein during the first China International Supply Chain Expo (CISCE) in Beijing on Tuesday.
BUSINESS / Companies
Nov 29, 2023
Shein’s IPO plan to fuel scrutiny over cotton and China roots
In addition to fighting skeptics, Shein is also locked in a battle with rival Temu
The Shein logo at the company's office in Singapore in 2022. The company, which sells $7 dresses and $5 home goods in more than 150 countries, has moved its headquarters to Singapore but manufactures most of its products in China.
BUSINESS / Companies
Aug 29, 2023
U.S. states ask SEC to confirm Shein complies with labor rules
The request adds to pressure on Shein as China hawks in Congress target Chinese firms that do not align with U.S. foreign policy goals.
A Shein office in Singapore. The meteoric rise of shopping platforms selling Chinese-made goods has been fueled by a decades-old loophole that allows cheap products to land in U.S. mailboxes tariff-free.
BUSINESS
Aug 4, 2023
Key trade loophole keeps cheap Chinese products flowing to U.S.
The fact that Chinese goods and China-founded companies are benefiting from the loophole has frustrated some U.S. lawmakers.
Japan Times
BUSINESS
Jun 23, 2023
Fast-fashion giant Shein plans new Mexico warehouse in Latin America push
The Singapore-based retailer that was founded in China is also expanding its manufacturing network in Brazil.
Japan Times
BUSINESS
May 3, 2023
Shein, e-commerce retailer hit by criticism, tries charm offensive
With an initial public offering expected at some point, the company is looking to change its public perception. Not everyone is buying it.
Japan Times
BUSINESS
Mar 6, 2023
Shein’s throne challenged by shopping platform Temu
Temu views Shein as its biggest rival in the near-term, and wants to surpass its dominance within the next few years, sources have said.
Japan Times
BUSINESS
Jul 31, 2022
Ultrafast fashion charms young despite damaging environment
Greenpeace has slammed the 'throwaway clothing' phenomenon as grossly wasteful, arguing it takes 2,700 liters of water to make one T-shirt that is swiftly binned.
Japan Times
BUSINESS / Companies / FOCUS
Jun 16, 2021
How Trump’s trade war built China’s first global fashion giant
Partly due to the trade war, Shein pays neither export taxes on most of its products nor U.S. import taxes, an advantage that tilts the playing field heavily against its rivals.
New JAL chief concerned about yen’s ‘excessive’ weakness
Mitsuko Tottori became Japan Airlines’ first female CEO on April 1, having risen through the ranks as a flight attendant and heading the flight attendant and customer experience divisions.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Yen inches closer to intervention point as BOJ meeting starts
The rate of the yen against the U.S. dollar is displayed in the trading room at foreign exchange brokerage Gaitame.com in Tokyo on Thursday.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Tokyo's Koto Ward by-election a race unlike any other
Natsumi Sakai, the Constitutional Democratic Party of Japan’s candidate and one of four female candidates running in the by-election, touts her experience as a cancer survivor and midwife as having prepared her to tackle issues that women currently face.
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.
LDP veteran Nikai's youngest son expected to succeed him in Wakayama
Toshihiro Nikai, former secretary-general of the Liberal Democratic Party, announced in March that he would not run in the next Lower House election to take responsibility for the political funds scandal that rocked his party and his own faction.
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.

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