Business · Companies · 12 hrs ago

Shein to invest 500 million in European logistics as parcel charges rise

Shein to invest 500 million in European logistics as parcel charges rise

Shein plans to invest 500 million in European logistics as charges on parcels from outside the EU rise.

The company says it will increase storage capacity at its hub in Poland.

The investment is focused on Shein’s European logistics operations.

The rising charges apply to packages sent from outside the European Union.

The planned expansion would give the company more storage space at its Polish hub.

The investment is aimed at Shein’s logistics in Europe, but no timeline for the work is given.

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