France plans to penalize Shein and similar Asian retailers with up to 10 euros per item by 2030 under a fast-fashion bill. Chinese ecommerce groups are expanding in South Korea, attracting budget-conscious consumers. Shein and Temu face criticism for exploiting loopholes and impacting the US apparel industry. Chinese brands leverage cross-border e-commerce for low-price products in Asia.
On Shein: - Their clothes are 65% polyester (double Zara & H&M!) - - Laundering polyester is responsible for ~35% of the microplastics in the ocean - They ship between 2-3 billion items a year - Their emission grew by 52% last year - They've 10x'ed their lobbying spend in… https://t.co/WfYfYrVihO
Chinese brands are taking advantage of growing cross-border e-commerce to win consumers across Asia with low-price products. Read more: https://t.co/fpQ6i8ylKy https://t.co/VxdHq6OH94
🇫🇷 How French Republicans are battling against Shein and Temu https://t.co/TiEbe7mrjp
AliExpress and Temu were the fastest-growing ecommerce apps in South Korea in 2023; Nomura: Chinese websites account for only ~2% of South Korean ecommerce GMV (Financial Times) https://t.co/QFQke78osU 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/PA0mXxzkKc
BUDGET-CONSCIOUS SOUTH KOREANS ARE TURNING TO ALIEXPRESS AND TEMU AS CHINESE ONLINE MARKETPLACES EXPAND ABROAD AMID WEAKER DOMESTIC CONSUMPTION-FT
Budget-conscious South Koreans are turning to AliExpress and Temu as Chinese online marketplaces expand abroad amid weaker domestic consumption https://t.co/rrHkhY9aCp https://t.co/C3tcI7WqX1
Southeast Asia’s ecommerce players go low to get ahead in price war https://t.co/umYhu5Irwu
Abuse of the De Minimus loophole by Chinese e-commerce platforms Shein and Temu is quickly producing a China Shock 2.0 destroying the US apparel industry, much like subsidized Chinese manufacturing destroyed Western manufacturers in the early 2000’s. https://t.co/zHIcVVFZZY
"An increasing number of budget-conscious Koreans are turning to 🇨🇳 online marketplaces such as #AliExpress & #Temu as #China’s biggest ecommerce cos aggressively expand abroad amid weaker domestic consumption...#Shein is also making inroads" https://t.co/m5pHRTcF4w
Rockville woman fights back against fast fashion giant Shein https://t.co/rgPpLQesxc
China’s ecommerce groups make inroads in South Korea with lure of low prices-ft
China’s ecommerce groups make inroads in South Korea with lure of low prices https://t.co/lqi92K6H3v
Shein and similar Asian retailers are facing a penalty of up to 10 euros ($11) for each item they sell in France by 2030 after lawmakers agreed on a so-called fast-fashion bill. https://t.co/1owRVMFZNv