China tariffs hit Shein-Reliance deal: Global sourcing plan from India may shrink – ET Retail
Chinese fast fashion major Shein is renegotiating its global sourcing partnership with Reliance Retail and may scale it down, as Beijing discourages local companies from shifting production overseas amid a tariff war with the US, said people directly aware of the development. “A core objective of the Reliance Retail-Shein partnership was to establish India as…