By the end of 2021, Shein had grown to command nearly one-third of the fast-fashion market in the United States. With a global reach through e-commerce, it sells stylish clothes for men ...
Fast-fashion retailer Shein confirmed it does not use cotton from China in products sold in the United States, aligning with the Uyghur Forced Labor Prevention Act (UFLPA), as revealed in written ...
Start-ups with Chinese ties have found it increasingly difficult to do business and list shares in the United States.
In the past five years, Shein has seen its valuation skyrocket, as it broke into the US and European market. It went from a $5 billion valuation in 2019 to $100 billion in early 2022, although that ...
And Shein's success has drawn the attention of Washington, which is increasingly wary of Chinese firms. In June, Donald Trump's pick for US Secretary of State, Marco Rubio, said he had "grave ...