Fast-Fashion Juggernaut Shein’s Sales Close In on Zara, H&M

Fast-Fashion Juggernaut Shein’s Sales Close In on Zara, H&M

Online retailer Shein is on track to generate revenue of $24 billion this year, according to people close to the company, putting it within striking distance of the world’s largest fast-fashion giants—just a decade since its founding. Shein, which was started in China and is now based in Singapore, has grown rapidly thanks to a … Read more

Fast-fashion giant Shein plans US expansion as sales soar

Fast-fashion giant Shein plans US expansion as sales soar

Shein, the online retailer that has turbocharged the global fast fashion industry, plans to expand its foothold in the United States as sales to American shoppers continue to rise. The company plans to build three large distribution centers in the United States that could eventually cut delivery times for its customers by three to four … Read more

Fast-fashion giant Shein plans more US distribution centers as sales rise

Fast-fashion giant Shein plans more US distribution centers as sales rise

Shein, the online retailer that has turbocharged the global fast fashion industry, plans to expand its foothold in the United States as sales to American shoppers continue to rise. The company plans to build three large distribution centers in the United States that could eventually cut delivery times for its customers by three to four … Read more

China’s Pinduoduo quietly launches US e-commerce site Temu

China’s Pinduoduo quietly launches US e-commerce site Temu

Chinese e-commerce company Pinduoduo Inc. PDD 1.11% this week quietly launched an online marketplace in the US called Temu, the latest example of overseas expansion by Chinese companies as the economy at home slows. Similar to Shein, the Chinese ultra-fast e-commerce company, Temu boasts competitive prices. Featuring products in 14 categories, including clothing, accessories, pet … Read more

China’s Pinduoduo quietly launches US e-commerce site Temu

China’s Pinduoduo quietly launches US e-commerce site Temu

Chinese e-commerce company Pinduoduo Inc. PDD 1.18% this week quietly launched an online marketplace in the US called Temu, the latest example of overseas expansion by Chinese companies as the economy at home slows. Similar to Shein, the Chinese ultra-fast e-commerce company, Temu boasts competitive prices. Featuring products in 14 categories, including clothing, accessories, pet … Read more

China’s fast fashion giant Shein faces dozens of lawsuits alleging design theft

China’s fast fashion giant Shein faces dozens of lawsuits alleging design theft

HONG KONG – In just a few years, Chinese apparel giant Shein has conquered the market for sought-after Gen-Z shoppers by offering huge varieties of cheap clothing every day. Along the way, it has collected a large number of complaints about copyright theft from major brands and boutique designers. Shein, valued at more than $ … Read more