All Shein articles – Page 2
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NewsShein increases supply chain investment to £56m over next five years
Fast-fashion retailer Shein has announced it will invest a total of $70m (£56m) in its supply chain initiatives over the next five years in a bid to “support and empower third-party manufacturing suppliers, their workers and workers’ families”.
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NewsShein pledges to put sustainability front and centre of growth ambitions
Shein executive vice chairman Donald Tang says everything the retailer will do over the next decade will be with “sustainability and ESG in mind” as it eyes its next phase of growth.
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Opinion‘As Shein ponders IPO, is the “next Shein” already coming up the inside track?’
A Shein IPO would be testament to a retailer built at warp speed to gargantuan scale, but in current conditions investors may question how strong its prospects are as established digital giants retrench and new competitors emerge.
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AnalysisCan Shein maintain its upward trajectory and succeed where others have failed?
As Shein predicts its annual revenue will more than double to reach almost $60bn (£49.8bn) by 2025, and forecasts it will overtake the combined annual sales of both Inditex and H&M, it is clear the retailer is making waves within the fashion industry.
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NewsShein projects doubling of revenues by 2025
Fast fashion retailer Shein has predicted its revenue will more than double to reach almost $60bn (£49.8bn) by 2025.
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AnalysisReview: The best and worst fashion retailer resale sites
From Zara to Shein, retailers are jumping on the resale bandwagon — but which does the best job of second-hand selling?
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Opinion'Shein is the epitome of mindless consumption'
Shein is now a major force in the fashion world and should clean up its act, argues Natalie Berg
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NewsExclusive: Shein web traffic jumps despite poor working conditions documentary
Shein has enjoyed surging site traffic despite recently being embroiled in a scandal over illegal working conditions.
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NewsShein faces backlash over supply chain working conditions
Working conditions at Chinese fast-fashion giant Shein are under scrutiny after an investigation found evidence that people in its supply chain are working 18-hour days for as little as 3p an hour.
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AnalysisMake, take and waste: How can fashion retailers tackle their old clothes pile-up?
Unwanted clothing is gathering up in toxic waste sites, clogging waterways and smouldering in burn piles across the global south. What are fashion retailers doing about it?
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NewsJD Sports, Frasers, Asos and Shein mull Missguided bids
Several retailers are considering takeover bids for Missguided after the etailer admitted it was exploring “strategic options” for its future.
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NewsShein hits $100bn valuation following fundraising
Chinese fast fashion giant Shein has been valued at more than $100bn in its new fundraising round, surpassing the market capitalisation of Inditex and H&M combined.
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NewsShein mulls fresh fundraising round at $100bn valuation
Chinese fast fashion operator Shein is mulling a fresh fundraising round that could value the business at close to $100bn (£76.2bn) after shelving IPO plans.
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NewsShein suppliers accused of labour law breach
Staff at some suppliers of fast-growing Chinese fashion pureplay Shein are working excessive hours, it has been alleged.
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AnalysisGame on: How Tesco, Shein and The North Face are transforming loyalty
Following a pandemic that transformed shopping habits forever, retailers are now mulling over the best methods of maintaining a connection with their customers – including revamping their loyalty schemes.
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Prospect AnalysisShein (SWOT)
In many ways Shein ticks all the boxes of what people are looking for from fashion retailers, particularly in the current climate. They want the convenience of shopping online and they want value for money. Although these were already important factors for Shein’s demographic audience, the pandemic has only served to enhance the allure of value and convenience as major consumer priorities and could help Shein widen its reach.
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Prospect AnalysisShein (Financials)
Shein is a private company that does not publish sales or other financial figures. However, media sources have estimated that its sales grew from around $10bn (£7.8bn) in 2020 to approximately $16bn (£11.6bn) in 2021, which is significantly more than Boohoo’s annual sales of just under £2bn.
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Prospect AnalysisShein (Strategy)
Shein, which was started in 2008 in Nanjing, China, by CEO Chris Xu, rapidly brings news styles from across the globe to market, drawing in its young target audience through its on-trend products and seriously low price points.
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Prospect AnalysisShein (Overview)
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.
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