Shein to set up huge Vietnam warehouse in US tariff hedge: Reuters
- In 2025, Shein finalized an agreement to rent a large industrial site spanning close to 15 hectares for its inaugural warehouse, located in the vicinity of Ho Chi Minh City in Vietnam.
- This move follows U.S. Tariff changes, including the scrapping of a China exemption and uncertainties in the U.S.-China trade war affecting Shein's reliance on China.
- The warehouse, about 26 football pitches in size, will store apparel from contractors before export, while Shein also invests heavily in China and expands suppliers in Vietnam and other countries.
- Shein, a fast-fashion retailer known for affordable apparel such as inexpensive cycling shorts and summer dresses, generates over $30 billion in annual sales but now faces significant tariffs reaching up to 120%, prompting the company to explore diversification strategies.
- The Vietnam warehouse could reduce Shein's exposure to volatile U.S.-China trade tensions, as imports under $800 from Vietnam remain duty-free and tariffs on other exports are temporarily 10%.
15 Articles
15 Articles
Shein to set up huge Vietnam warehouse in US tariff hedge, sources say
Fast-fashion online retailer Shein is leasing a huge warehouse in Vietnam, two people familiar with the deal told Reuters, its first in the country, in a move that could reduce its exposure to unpredictable U.S.-China trade tensions.
SHEIN to establish mega warehouse in Vietnam amid US-China trade tensions
Fast-fashion giant SHEIN is planning to lease a nearly 15-hectare warehouse near Ho Chi Minh City, Vietnam, pointing to its first and foremost logistics hub in the country. The move, according to sources, is part of a wide-ranging strategy to lessen the risks masqueraded by escalating US-China trade tensions and increasing tariffs on Chinese exports. […] The post SHEIN to establish mega warehouse in Vietnam amid US-China trade tensions appeared …
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