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. The etailer, which sells womenswear, menswear and childrenswear, beauty products and homeware, was started in 2008 in Nanjing, China, by Chris Xu.As well as its presence in the UK, Shein has dedicated online sites for the US, Italy, France, Spain, the Middle East, Australia and Russia, and ships to over 200 countries. Retail Week provides news, analysis, features and opinion about Shein and the fashion sector.
Regardless of whether they sold yoga leggings or sweets, the retailers that are growing fast have invested in their stores
While many retailers have been cutting costs, the players in this ranking have been gunning for growth. Thanks to exclusive transaction data shared with Retail Week by CACI, we can reveal the UK’s fastest-growing retail brands and explore what they tell us about how Brits are spending their cash.
Fast-fashion powerhouse Shein is likely to seek a listing in Hong Kong instead of London.
The President of the United States Donald Trump has pushed back the deadline for EU-US tariff negotiations to July 9, having previously threatened to slap 50% mark ups on all European goods on June 1.
Fake discounts, pressure selling and other practices on Shein are in breach of the law, the European Union has said.
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