SHEIN Archives - Pandaily

SHEIN Invests in Forever 21’s Parent Company, Expands Offline Presence

SHEIN invests in Forever 21's parent company, embarking on new attempts: e-commerce platform and offline experiments.

TikTok Undergoes Business Adjustments, Ramping up E-commerce Efforts

TikTok's e-commerce business has undergone business adjustments in the past few months. Notably, the platform has introduced a new model for its e-commerce project codenamed Project S. In simple terms, Project S operates with a full custody model. Under the model, merchants are only responsible for supplying goods, while the platform covers operations and fulfillment.

Chinese Ranks Second on Hurun U40 Billionaires List 2023

On April 6th, the Hurun Research Institute released the "2023 Hurun Global Self-Made Under-40 Billionaires List". The list shows that as of January 16th, there are a total of 59 self-made billionaires under the age of 40 worldwide.

SHEIN Refutes Risk of Shutdown in the US

A recent report suggested that Chinese fast fashion retailer SHEIN could face the threat of a "Shut Down SHEIN" campaign. SHEIN has denied the allegations and affirmed its adherence to US laws and regulations.

Chinese E-commerce Accounts Take Top Three Shopping Spots in Spain

n March 20th, data.ai, a well-known third-party data provider, published the download list of Spanish e-commerce apps, and those from China occupied the top three spots. Among them, Miravia and AliExpress, Alibaba's two major overseas businesses, are first and third respectively.

SHEIN to Secure New Funds, Valuation Drops Below $70B

Chinese online fashion group SHEIN reportedly is about to close a new fundraising round at a reduced valuation of between $65 billion and $70 billion.

SHEIN Leverages Digital Thermal Transfer Printing to Improve Efficiency and Reduce Water Use

SHEIN, an online retailer of fashion and lifestyle products, is advancing its adoption of digital thermal transfer printing with the goal of accelerating its efficiency and reducing the environmental impact of textile manufacturing in its supply chain.

SHEIN Pilots Taobao Model in Brazil

SHEIN, a cross-border fast fashion platform based in China, is piloting a model similar to Taobao in Brazil, whereby merchants set up stores directly on the site and are responsible for their own operations and logistics.

Fast Fashion Retailer SHEIN Unveils Official Resale Platform SHEIN Exchange

SHEIN, an online retailer of fashion and beauty products, on October 17 announced the launch of SHEIN Exchange, an integrated online peer-to-peer resale destination to buy and sell previously owned products bought on the site.

Shein Launches Women’s Underwear Retail Platform Luvlette

Fast fashion giant Shein is constantly hatching new brands and building an expansive business matrix. This year, the firm launched and promoted an underwear brand called Luvlette.

SHEIN Targets 25% Drop in Greenhouse Gas Emissions Across Value Chain by 2030

SHEIN, a global e-retailer of fashion, beauty and lifestyle products, on September 28 announced its target to reduce overall emissions across its entire value chain by 25% by 2030, as well as its greenhouse gas emissions inventory for 2021.

SHEIN’s GMV Soared to $16B in H1 2022

In the first half of 2022, the sales of cross-border e-commerce platform SHEIN exceeded $16 billion, with a year-on-year growth rate of over 50%.

Everything about China's Innovation