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.
Fast-fashion giant Shein is reportedly seeking an “exemption” from UK regulators in regard to overlooking listing rules that require at least 10% of its shares to be sold to the public ahead of its highly-anticipated London float.
The approval of Shein’s IPO has been delayed due to unanswered questions around its supply chain and legal risks as a result of challenges by a new advocacy group for China’s Uyghur population.
Peter Pernot-Day, head of strategic and corporate affairs at Shein, has joined the line-up for Live 2025.
Shein, the fast-fashion ecommerce giant, is reportedly preparing to launch its massive £50bn IPO on the London Stock Exchange in early 2025.
Amazon has launched a new online service offering low-cost goods in the US which is set to challenge the likes of discount retailers Shein and Temu.
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