Fast-fashion retailer Shein Group Ltd. has raised prices on its US products, ranging from dresses to kitchenware, in anticipation of upcoming tariffs on small parcels. According to data compiled by Bloomberg News, most price increases occurred on Friday, with significant variations across categories. The average price for the top 100 beauty and health products rose by 51%, with some items more than doubling in cost. Home and kitchen products, along with toys, saw an average increase of over 30%, highlighted by a 377% rise in the price of a 10-piece kitchen towel set. Women’s clothing prices increased by 8%.
— new from Bloomberg.com
