As parts of business and labour in SA sound the alarm that Chinese fast-fashion retailer Shein could be exploiting tax loopholes to undercut local retailers and manufacturers, the government has confirmed an investigation is underway.
Shein meanwhile says it is committed to ethical business and wage practices as well as abiding by the laws and regulations, but there are mounting concerns in some quarters about the rapid gains it is making the South African market.
Founded in 2008, Shein is a Chinese online retailer that ships to more than 150 countries. It markets its clothes primarily via social media, and has gained a fast-growing market in South Africa – as was evidenced by long queues outside its local logistics partner’s premises during the past festive season.
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