Shein and Temu items could face €20 levy in France’s crackdown on ultra-fast fashion

Imports of small parcels from China have already fallen by up to 40 per cent since a separate €3 EU levy came into force in July.

France targets Shein and Temu with fast fashion fees  Reuters

The levy on "ultra-fast fashion" items could reach almost €20 per garment by 2030.

Shares in Shein plunged by as much as 10% as trading got underway in its debut on Hong Kong stock exchange but later recovered to end the day flat.

After failed attempts to list its shares in New York and London, Shein Global Holdings has officially made its stock market debut (0625.HK)—though it wasn’t exactly a success.  On Tuesday, September 1, the Chinese-founded fast-fashion company made its IPO on the Hong Kong Stock Exchange (HKSE) with a price of HK $48.56

France started imposing penalties on the extreme end of fast fashion on Tuesday to try to curb a surge in sales of cheap clothing sold by e-commerce sites including Shein and Temu.

Hong Kong flotation at $26bn by firm once valued at $100bn follows failure to list in US and UK Shares in the fast-fashion brand Shein slumped by as much as 10% as the China-founded company made its long-anticipated trading debut on the Hong Kong stock exchange. The Singapore-headquartered company, once valued at almos

France will from Tuesday impose a fee on ultra-fast fashion items that will eventually reach almost €20 per garment, as the government targets major Asian e-commerce platforms including Shein.

France has started imposing penalties on the extreme end of fast fashion to try to curb a surge in sales of cheap clothing sold by e-commerce sites including Shein and Temu.

Fast-fashion giant Shein's shares fall after Hong Kong trading debut that spotlights its China roots  Toronto Star

Fast-fashion giant Shein's shares fall after Hong Kong trading debut that spotlights its China roots  apnews.com

Shares in fast-fashion online retail giant Shein have begun trading on Hong Kong’s stock exchange after a long delay

Shares in fast-fashion online retail giant Shein have begun trading on Hong Kong’s stock exchange after a long delay

IPOSubdued IPO comes amid questions over China-founded company's business modelA listing ceremony marks Shein's debut on the Hong Kong Exchange on Sept. 1. (Photo by Cissy Zhou)CISSY ZHOU and LORRETTA CHENSeptember 1, 2026 10:43 JSTHONG KONG -- China-founded fast fashion retailer Shein executed a low-key debut on the H

Squeezed by new trade rules, shrinking market share and labor concerns, Shein’s share decline in Hong Kong on Tuesday is a sign investors have moved on.

It is part of a push to rein in Asian e-commerce giants including Shein, Temu and AliExpress.

France will from Tuesday impose a fee on ultra-fast fashion items that will eventually reach almost €20 (US$2.32) per garment, as the government targets major Asian e-commerce platforms including Shein. The levy follows legislation passed by the French parliament in June to regulate “ultra-fast fashion” companies, know

France will from Tuesday impose a fee on ultra-fast fashion items that will eventually reach almost 20 euros per garment, as the government targets major Asian e-commerce platforms including Shein.

A view of the reception of fast-fashion brand Shein's office in Sao Paulo, Brazil, December 15, 2025. REUTERS/Jorge Silva 31 Aug 2026 04:47PM (Updated: 31 Aug 2026 04:50PM) HONG KONG, Aug 31 : Shares of online fast-fashion retailer Shein dropped more than 10 per cent in gray-market trading on Monday ahead of its Hong K