Shein’s Lackluster Debut Shows a Fast-Fashion Model Left Behind NYT > Top Stories By: Sui-Lee Wee 1 September 2026 at 11:30 Squeezed by new trade rules, shrinking market share and labor concerns, Shein’s share decline in Hong Kong on Tuesday is a sign investors have moved on. © Loic Venance/Agence France-Presse — Getty ImagesA Shein display in a department store in Angers in western France in February.