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Shein finds there's no place like China after Vietnam warehouse experiment disappoints

9 小时前2 viewsSource: ground.news
Published 3 hours ago • loading... • Updated 3 hours ago Show Less Icon Shein finds there's no place like China after Vietnam warehouse experiment disappoints The retailer is pulling suppliers back to China as only a third of the planned site is in use and layoffs have spread, sources said. Left Center Right Ground G Logo Light Bias Comparison Ground G Logo Bias Comparison IPO-Bound Shein drastically scaled back its Vietnam warehouse lease from 15 hectares to 6 hectares, reflecting a significant shift in the retailer's global supply chain strategy. New U.S. tariffs of 12.5% imposed last month on China and Vietnam, combined with the end of the de minimis duty-free exemption for shipments under $800, undermined the case for Vietnam expansion. Suppliers reported that finding local labor proved difficult, and manufacturing in Vietnam lacks the efficiency of Shein's Chinese network, where production margins can be as little as 1 yuan per piece. Shein is intensifying its investment in Guangzhou and the broader Guangdong province, pledging over 10 billion yuan to upgrade its smart supply-chain system. While pursuing a Hong Kong IPO, Shein faces growing competition from Amazon and PDD Holdings-owned Temu, as operations manager Ping He noted the company "is not the prettiest boy in town anymore. Insights by Ground AI Wrench Icon Does this summary seem wrong? Share menu 11 Articles 11 Articles All Left Center 6 Right 2 Search Icon Sort Icon Free Malaysia Today News Lean Right Factuality Ownership Shein returns to China after Vietnam warehouse experiment disappoints The first and biggest hit to Shein's Vietnam plans was the end of the US de minimis duty-free exemption for shipments under US$800 from all countries, not just China. 3 hours ago · Petaling Jaya, Malaysia Read Full Article The Japan Times Center Factuality Ownership Shein finds there’s no place like China after Vietnam experiment disappoints The ​advantage of having a Vietnamese export base is no longer as large as it used to be. 4 hours ago · Chiyoda, Japan Read Full Article Reuters WTVB Center View article Caret Right Icon BizToc View article Caret Right Icon Asia One Center View article Caret Right Icon Blue Water Healthy Living View article Caret Right Icon + 4 Reposted by 4 other sources Center Factuality Ownership Shein finds there's no place like China after Vietnam warehouse experiment disappoints Shein started encouraging its biggest Chinese suppliers to set up manufacturing bases in Vietnam. But things did not go to plan. 6 hours ago · London, United Kingdom Read Full Article The Mighty 790 KFGO The Straits Times Lean Right View article Caret Right Icon Investing.com Center View article Caret Right Icon + 2 Reposted by 2 other sources Center Factuality Ownership Shein finds there’s no place like China after Vietnam warehouse experiment disappoints By Francesco Guarascio, Sophie Yu and Casey Hall HANOI/GUANGZHOU, China, Aug 10 (Reuters) - Just over a year ago, Chinese ultra-fast fashion retailer Shein began leasing 15 hectares of warehouse facilities — equivalent in size to 21 soccer pitches — n... 1 day ago Read Full Article Business Times Factuality Ownership FOCUS-Shein finds there’s no place like China after Vietnam warehouse experiment disappoints [HANOI/GUANGZHOU, China] Just over a year ago, Chinese ultra-fast fashion retailer Shein began leasing 15 hectares of warehouse facilities — equivalent in size to 21 football fields — near Ho Chi Minh... Read more at The Business Times. 5 hours ago · Singapore, Singapore Read Full Article Think freely. Subscribe and get full access to Ground News Subscriptions start at $9.99/year Subscribe Coverage Details Total News Sources 11 Leaning Left 0 Leaning Right 2 Center 6 Last Updated 32 minutes ago Bias Distribution 75 % Center Bias Distribution Too Big Arrow Icon Too Big Arrow Icon Caret Up Icon 75 % of the sources are Center 75% Center C 75% R 25% Untracked bias Factuality Info Icon To view factuality data please Upgrade to Premium Ownership Info Icon To view ownership data please Upgrade to Vantage The Mighty 790 KFGO broke the news 1 day ago on Sunday, August 9, 2026 . Too Big Arrow Icon Caret Down Icon Sources are mostly out of ( 0 ) Similar News Topics China Economy Plus Icon Business Plus Icon Asia Plus Icon Economy Plus Icon Vietnam Economy Plus Icon Initial Public Offering (IPO) Plus Icon Fashion Plus Icon Show All Similar News Topics China Economy Plus Icon Business Plus Icon Asia Plus Icon Economy Plus Icon Vietnam Economy Plus Icon Initial Public Offering (IPO) Plus Icon Fashion Plus Icon Show All

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