Shein's U.S. Sales Surge 29% Year-Over-Year, 38% in April, Amid Tariff Concerns; Valued at $12.5 Billion

9 posts • GPT (4o mini)

Published Apr 16, 2025, 12:53 PM

The ultra-fast fashion retailer Shein has significantly impacted urban villages on the outskirts of Guangzhou, China, leading to their colloquial designation as 'Shein villages.' As Shein prepares for a potential IPO, it faces challenges due to tariffs imposed by the U.S. government under former President Trump, which could affect its operations in the U.S., where it generates 28% of its business, valued at approximately $12.5 billion. Despite these challenges, Shein's sales in the U.S. have rebounded, with a reported 29% year-over-year increase in March and a 38% rise in the first 11 days of April. Competing online retailer Temu has also seen notable sales growth, with increases of 46% and 60% during the same periods, as consumers stockpiled products ahead of anticipated tariff hikes. Shein's overall revenue reached $50 billion last year, highlighting its substantial market presence.

More breaking stories on DeepNewz — updated live.

#Shein #Guangzhou #China #Trump #Temu

Related Prediction Markets

Will Trump increase tariffs on Mexico before May?

Will Trump increase tariffs on Canada before May?

Will Trump remove majority of reciprocal tariffs before 90 day deadline?

•

View market suggestions→

Sources

bloomberg.com(3)reuters.com(3)techmeme.com eleconomista.es

Ray Wang

@rwang07

Meet, Shein See U.S. Sales Surge Ahead of Small-Parcel Tariff https://t.co/fUoGURx0XJ

日本経済新聞電子版（日経電子版）

@nikkei

China's Shiying Village garment factory “cut in half in 2 months” US tariffs are messed up https://t.co/IliYxpaVg0 Sea Inn has increased exports to the United States by utilizing a system where tariffs are not applied to small-lot goods of 800 dollars or less. I will tell you about the current situation in Guangzhou, where there are many subcontractors.

Techmeme

@Techmeme

US credit and debit card data: Shein's US sales rose 29% YoY in March and 38% YoY in April's first 11 days, while Temu rose 46% and 60%, ahead of US tariffs (Bloomberg) https://t.co/qNhR9WRL0t https://t.co/cMQpkF7mOm https://t.co/ZOzeer1FAj