The Chinese ultra-fast fashion giant Shein will open its first shop in one of Paris' historic department stores. Critics see the move as a threat to France's fashion identity.
Shein and Temu goods might not be so cheap anymore. Starting today, the U.S. will start collecting import fees on small packages from China, much of which comes from Chinese e-commerce sites.
New White House rules would close a tax loophole that lets Shein and Temu cheaply ship from China to American shoppers. The Biden administration says it undercuts U.S. workers, retailers and manufacturers.
With clothes cheaper than a latte, built for today's microtrends, Shein courts the same young women who launched the renaissance of thrifting and resale. Legal complaints about the company are many.
After a recent trip to some of the company's facilities in Guangzhou, China, young tastemakers fawned over happy employees and sweat-free working conditions. Now the influencers are facing a backlash.