Shein Pushes Suppliers to Vietnam Amid U.S. Tariff Risks
From Financial Modeling Prep: 2025-02-10 01:49:31
Fast fashion giant Shein is encouraging Chinese suppliers to move production to Vietnam to counter new U.S. tariffs. Key drivers include tariff changes, geopolitical risks, and competitive pressure. Incentives for suppliers include price increases and guaranteed orders. However, these incentives are temporary. The move could impact Shein’s cost structure and reshape the global supply chain in the fast fashion industry.
Read more at Financial Modeling Prep:: Shein Pushes Suppliers to Vietnam Amid U.S. Tariff Risks