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
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
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
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
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
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