Shein increases supply chain investment to £56m over next five years
Fast-fashion retailer Shein has announced it will invest a total of $70m (£56m) in its supply chain initiatives over the next five years in a bid to “support and empower third-party manufacturing suppliers, their workers and workers’ families”.
The new $55m (£44m) investment builds upon Shein’s confirmed $15m (£12m) investment into its Supplier Community Empowerment Programme (SCEP) last year.
Shein said its investments will focus on transforming its production models with new technology, upskilling its workers and enhancing facilities and services.
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