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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.
The company was initially compared to a drop shipping business, as it was not involved in design and manufacturing, instead sourcing products from the wholesale clothing market in Guangzhou. [ 12 ] [ 13 ] Beginning in 2012, Shein began to establish its own supply chain system, transforming itself into a fully integrated retailer. [ 13 ]
SHEGLAM is a cosmetics brand that was launched in 2019 by the e-commerce company SHEIN, [2] Founded in Singapore, SHEGLAM uses direct-to-consumer business model.The brand markets to young consumers via social media platforms such as Instagram, TikTok, and YouTube, where influencers [who?] promote its products.
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Donald Tang, Shein’s Los Angeles-based executive chairman, moved to Washington to lead the company’s lobbying blitz. But Shein’s charm offensive ran headlong into a wall of resistance.
In November 2022, Tang joined global online on-demand fashion retailer Shein Group as executive vice chairman, after having served as advisor to the company's CEO and cofounder Chris Xu (Sky Xu) for over a year. [24] [25] As of August 2023, Tang is executive chairman of Shein Group.
Ali Mohamed Shein (born 1948), Tanzanian politician; Arn Shein (1928–2007), American sports writer; Kyaw Shein (born 1938), Burmese sports shooter at the 1964 Olympics; Mikhail Shein (died 1634), Russian general; Oleg Shein (born 1972), Russian politician, member of the State Duma; Valery Shein (born 1945), Soviet alpine skier at the 1964 ...
Company Last valuation (US$ billions) Valuation date Exit date Exit reason Exit valuation (US$ billions) Country Founders Uber: 72 August 2018 [604] May 2019 [605] IPO 82.4 United States Travis Kalanick, Garett Camp: DiDi: 62 July 2019 [606] June 2021 [607] IPO 73 China Cheng Wei: Facebook 50 January 2011 May 2012 [608] IPO 104 United States