Shein to invest €500 million in Polish hub after EU parcel charges
11 Articles
11 Articles
Shein to invest €500 million in Polish hub after EU parcel charges
PARIS, Nov 4 : Online fashion retailer Shein said on Wednesday it would invest €500 million ($562 million) to expand its European logistics hub in Poland as it pursues faster deliveries and greater operational flexibility.Shein, along with Chinese competitors such as Temu and AliExpress, is adapting to cha
Shein's online retailer invests €500 million in expanding its logistics centre in Poland, after introducing new European taxes on low-value parcels. The company aims to deliver orders faster and strengthen its operations in Europe.
Shein will invest more than 500 million euros in its huge Polish warehouse. A logistical extension revealed three days after the arrival of new European fees on small packages, and which could avoid some of the taxes.
Investment will increase storage capacity and the presence of autonomous robots for order preparation
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