The rise of fast-fashion e-commerce giants like Shein and Temu is shaking up the global air cargo sector, according to industry insiders.

Amazon is feeling the pressure from fast-fashion app Shein and has decided to cut referral fees for cheap clothing items in an effort to compete.

Lawmakers are intensifying their scrutiny of Shein, a Chinese fashion retailer, following its confidential filing for an initial public offering (IPO) in the United States.

Shein, the fast-fashion retailer with a reported valuation of $66 billion, is looking to go public but faces several hurdles.

Bipartisan lawmakers have asked the United States Securities and Exchange Commission (SEC) to investigate Chinese fast fashion retailer Shein's business practices for evidence of forced labor from China's Muslim Uyghur population before its reported initial public offering (IPO).