Andy Xiao’s shoe materials business in China faces challenges due to new US tariffs. Some manufacturers request lower prices, ...
DONGGUAN: In a drab office in China's industrial heartland, Andy Xiao frets over the future of his shoe materials business, ...
The amount of clothes being bought from Chinese sites has more than doubled over the past year. According to customs data, 2,000 tonnes of textiles are unloaded at Swiss airports every month.
Shein saw its profits drop by nearly 40 per cent to £792m in 2024 - despite a 19 per cent rise in sales to £30billion.