Passez à l'illimité avec Magzter GOLD

Passez à l'illimité avec Magzter GOLD

Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement

$149.99
 
$74.99/Année
The Perfect Holiday Gift Gift Now

Reliance, Shein Aim to Sell India-Made Clothes Abroad

Financial Express Bengaluru

|

June 10, 2025

CHINA-FOUNDED FASHION retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start international sales of India-made Shein-branded clothes within six to 12 months, said two people with knowledge of the matter.

- Dhwani Pandya & Helen Reid

The Singapore-headquartered Shein has been discussing plans with the Reliance firm since before the US imposed tariffs on Chinese imports that intensified the need to diversify sourcing, the people said. The aim is to raise Indian suppliers to 1,000 from 150 within a year, they said.

In a statement to Reuters, Shein said its partnership with Reliance was limited to the licensing of its brand to Reliance Retail for Indian domestic consumption only. Reliance did not respond to queries.

Shein sells low-priced apparel such as $5 (around ₹450) dresses and $10 (around ₹850) jeans shipped directly from 7,000 suppliers in China to customers in around 150 countries. Its biggest market is the US where it is adjusting to tariffs on low-value e-commerce packages from China which could previously be imported duty-free.

The retailer launched in India in 2018 but its app was banned in 2020 as part of government action against China-linked firms amid border tension with its northeastern neighbour.

PLUS D'HISTOIRES DE Financial Express Bengaluru

Financial Express Bengaluru

Coca-Cola India profit up 46.3% to ₹615 crore

Revenue rises 7% in FY25

time to read

1 min

December 20, 2025

Financial Express Bengaluru

Chomsky, Gates appear in new Epstein estate photos

CONGRESSIONAL DEMOCRATS RELEASED dozens of new images from the estate of the late convicted sex offender Jeffrey Epstein on Thursday, a day before the US Justice Department is required by law to release unclassified ?files from its investigation of the disgraced financier.

time to read

1 min

December 20, 2025

Financial Express Bengaluru

File revised returns if AIS is showing additional income

YOUR QUERIES: INCOME TAX

time to read

2 mins

December 20, 2025

Financial Express Bengaluru

Practo to seek banks for 2026 IPO

PRACTO TECHNOLOGIES, WHICH runs a digital health platform, is planning an initial public offering, according to people familiar with the matter, joining a wave of companies rushing to capitalise on India's buoyant market for first-time share sales.

time to read

1 min

December 20, 2025

Financial Express Bengaluru

BoJ shadow over a low-cost loan window for India Inc

Bank of Japan hikes rate to a three-decade high of 0.75%; India Inc says impact will be muted

time to read

2 mins

December 20, 2025

Financial Express Bengaluru

Flipkart buys majority stake in Minivet AI

WALMART-OWNED FLIPKART has struck a deal to acquire a majority stake in Minivet AI, an AI and machine learning solutions provider, as the e-commerce major looks to strengthen its generative AI capabilities for visual and conversational commerce.

time to read

1 min

December 20, 2025

Financial Express Bengaluru

Adani plans nuclear power foray

Aims to build eight 200-MW small modular reactors

time to read

2 mins

December 20, 2025

Financial Express Bengaluru

Growing trade imbalances demand course correction

FRANCE'S PRESIDENT EMMANUEL

time to read

3 mins

December 20, 2025

Financial Express Bengaluru

CCI: AI raises new competition risks

THE RAPID ADOPTION OF artificial intelligence across sectors is creating fresh competition challenges, requiring closer coordination among regulators to keep markets open and safeguard consumer interests, Competition Commission of India (CCI) chairperson Ravneet Kaur said on Friday.

time to read

1 min

December 20, 2025

Financial Express Bengaluru

Piramal Finance exits Shriram Life for ₹600 cr

PIRAMAL FINANCE ON Friday said it has decided to sell its entire 14.72 per cent stake in Shriram Life Insurance Companyto South Africa-based Sanlam Group for ₹600 crore.

time to read

1 min

December 20, 2025

Listen

Translate

Share

-
+

Change font size

Holiday offer front
Holiday offer back