Chinese fast-fashion pureplay Shein exploded onto the fashion market in disruptive style, quickly becoming a well-known name among its core demographic of social media-savvy 16-to-30-year-olds. The etailer, which sells womenswear, menswear and childrenswear, beauty products and homeware, was started in 2008 in Nanjing, China, by Chris Xu.As well as its presence in the UK, Shein has dedicated online sites for the US, Italy, France, Spain, the Middle East, Australia and Russia, and ships to over 200 countries. Retail Week provides news, analysis, features and opinion about Shein and the fashion sector.
Ecommerce giant Shein is reportedly seeking a valuation between $30bn and $40bn for an upcoming Hong Kong initial public offering (IPO).
The Argos experiment is finally over at Sainsbury’s – and at a massive writedown from what the supermarket giant spent on it. Retail Week analyses what it means for Argos moving forward.
Fast fashion giant Shein has reported a quarterly loss after US president Trump ended the small package import duty exemption.
Shein has received the green light for its long-awaited Hong Kong initial public offering (IPO), following failed earlier attempts in New York and London.
UK shoppers are spending almost £5bn on low-cost Chinese shopping platforms every year, according to new research from Barclays and Retail Economics.
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