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Shein is a private company and does not report its global results. But profits in the UK doubled in 2023 to more than £24m, according to a Companies House filing .
New research suggests that consumers do care about durability—but it’s rarely top of mind when they’re making a purchase.
It’s estimated that H&M produces 25,000 new styles per year, Zara 36,000, and industry leader Shein a mind-bending 1.3 million, adding, according to one investigation, between 2,000 and 10,000 ...
The trend forged by European retail giants such as Zara and H&M has been increasingly dominated in recent years by Shein, now based in Singapore, whose target revenue for the year exceeds $50 billion.
Shein (/ ˈ ʃ iː ɪ n / ⓘ SHEE-in; styled as SHEIN; Chinese: 希音; pinyin: Xīyīn) is a global e-commerce platform specializing in fast fashion.While the company primarily focuses on women's clothing, it also offers men's apparel, children's wear, accessories, makeup, shoes, bags, and other fashion items.
Now that Shein and Temu are on the hook for existing duties they once bypassed, plus the new 10% tariff imposed by Mr. Trump, and potentially taxes collected by customs authorities, those added ...
A lawyer for Shein summoned to a British parliamentary hearing evaded questions Tuesday on whether the fast-fashion giant sells products containing cotton from China, angering lawmakers seeking ...
FILE - Pages from the Shein website, left, and from the Temu site, right, are shown in this photo, in New York, June 23, 2023. (AP Photo/Richard Drew, File) ASSOCIATED PRESS
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