Shein
Shein, founded in 2021, is a leading global online retailer reaching consumers across over 150 countries, with key operation centres in Singapore, China, and the U.S., along with other major markets.
See below for the Latest Shein News, Analysis, Profit Results, Share Price Information, and Commentary.
Shein is world’s largest apparel retailer in 2023: GlobalData
Shein is world’s largest apparel retailer in 2023: GlobalData
The retailer’s gross merchandise value soared to approximately $45b last year.
Uniqlo sues SHEIN over alleged shoulder bag imitation
It demands SHEIN to stop selling the product and compensation for damages.
SHEIN buys UK-based retailer Missguided
Missguided products will become available on all SHEIN sites and platforms.
SHEIN partners with SingPost for delivery in Singapore
Consumers may also have their parcels delivered to their letterboxes.
SHEIN invests $85m more under evoluSHEIN Roadmap
The additional fund will support its efforts for community empowerment globally.
SHEIN launches sustainability plans in evoluSHEIN roadmap
The Roadmap outlined nine key priorities under three pillars–People, Planet, and Process.
SHEIN opens EMEA headquarters in Dublin City
The company plans to host around 30 pop-ups around EMEA in 2023.
SHEIN opens new global integrated marketplace
The SHEIN Marketplace will host domestic and international third-party sellers.
How SHEIN cuts carbon emissions in its warehouses
The company aims to cut its greenhouse gas emissions by 25% in its value chain by 2030.
SHEIN names new chair for Latin America office
Marcelo Claure will lead the company’s Latin American strategy and stakeholder affairs.
Weekly News Wrap: Cautious travelers hit China's consumer sector; Shein sets aside $15m on factory upgrades
And a top Xiaomi India executive resigns as challenges mount.
Shein reduces water use in new printing technology
It also accelerates the efficiency of printing.
Weekly News Wrap: Chinese brands dominated Singles Day best-sellers; Alibaba did not disclose 11.11 sales for the first time
And Shein opens its first physical store in Tokyo.
Weekly News Wrap: UK-based Ocado enters South Korea in Lotte deal; Reliance Retail in talks to enter salon business
And China-based Shein expands operations in the United States.
SHEIN launches resale platform
It is piloted in the US but is planned to be rolled out in other markets next year.
Shein plans to reduce GHG emissions by 25% by 2030
These include shifting to renewable energy and increasing energy efficiency.
Weekly News Wrap: Freshippo seeks lower funds at $6b valuation; Uniqlo owner's performance to hint China's recovery prospects
And Shein seeks an IPO in the United States as soon as 2024.
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