Shein Fast-fashion Giant: Shein uses an on-demand manufacturing system that allows it to quickly boost the production of popular items and drop products that do not sell as expected. The process helps improve production speed and inventory management.
Shein uses an on-demand manufacturing system that allows it to quickly boost the production of popular items and drop products that do not sell as expected. The process helps improve production speed and inventory management.
Known for disrupting the traditional fashion landscape dominated by Zara and H&M, Shein's unique approach involves leveraging data analytics to forecast consumer demand.
In private trades, Sheins valuation has dropped below the $66 billion it got in a funding round in May, the people said. Stakes that have recently changed hands in the secondary market valued the company at around $50 billion to $60 billion, the people said.
Chinese retailer Shein has put its IPO plans on hold amid market volatility, but when it lists the firm could be worth an eye-watering $100 billion. Take a look at everything we know about the fast-fashion brand.