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Shein. Shein ( / ˈʃiːɪn / SHEE-in; styled as SHEIN; Chinese: 希音; pinyin: Xīyīn) is a fast fashion retailer. Founded in Nanjing, China, in October 2008 as ZZKKO by entrepreneur Chris Xu, Shein grew to become the world's largest fashion retailer as of 2022. The company is currently headquartered in Singapore .
Shein is kind of a big deal. In 12 years, the Chinese fast-fashion behemoth has exploded in size and now reaches over 150 countries. Its $5 dresses and accessories have caught the attention of ...
Temu contends that these manufacturers linked to Shein constitute a substantial portion, estimated at 70% to 80%, of all merchants offering ultra-fast fashion products in the U.S., leading to higher prices, fewer consumer options, and hindered growth of the U.S. ultra-fast fashion market. [25] In October 2023, Shein and Temu requested that ...
The fast fashion e-commerce company that few in the tech industry had even heard of two years ago is aiming to raise $1 billion at a valuation of $100 billion. Shein’s fundraising plan was first ...
Fashion is a notoriously finicky sector, and Amazon, despite dipping its toe into the world of apparel, hasn’t been able to see the same success as Shein, Ma said.
However, Jamie Salter, the founder and CEO one of Shein’s key retail partners, Authentic Brands Group, said the company’s revenue was “a lot more than $30 billion” annually, CNBC reported.
Shein has seen big swings in its price tag over the last year. The Singapore-headquartered fast fashion platform is targeting a valuation of up to $90 billion in a potential U.S. initial public ...
A data breach from 2018 is putting Shein under the spotlight as the ultra-fast fashion e-commerce platform continues to conquer Gen Z markets across the world. Zoetop, the firm that owns Shein and ...