Turnover: 30 billion USD (2023)

Country: China

  • Distribution company for low-priced fashion garments of Chinese origin, almost exclusively online
  • the fastest-growing company in the sector worldwide
  • More than 10,000 employees

News

Shein, designated by Europe as an important hub, will have more obligations 29/04/2024

  • - **Number of monthly Shein users in the EU**: 108 million.
  • - **Number of platforms already under the DSA**: 19, including major players such as Amazon, Google Shopping, Facebook, Instagram, TikTok, Twitter, YouTube, AliExpress, and Zalando.

Shein: the king of "ultra fast fashion" makes twice as much profit as H&M 02/04/2024

  • Shein profits last year: $2 billion.
  • - Shein revenues: nearly $45 billion.
  • - H&M profits: $820 million.
  • - Inditex (owner of Zara) profits: $5.8 billion (€5.4 billion).
  • - Year Shein was founded: 2008.
  • - Number of employees at Shein: over 10,300.
  • - Current valuation of Shein: over $66 billion.
  • - Main markets: United States and Europe.

Mode Shein moves closer to listing on the New York Stock Exchange 28/11/2023

  • Shein is an ultra-fast fashion brand created fifteen years ago by Chinese entrepreneur Xu Yangtian.
  • The company is based in Singapore.
  • Shein is valued at $90 billion.
  • Shein's last round of financing was for $64 billion.
  • The United States is Shein's main market.
  • Shein generates most of its sales online
  • Shein's sales last year totaled $22.7 billion, with net income of $800 million.
  • Shein overtook H & M with sales of around 20 billion euros.
  • The company has 11,000 employees and 5,400 contract manufacturers.

Shein: the king of ultra fast fashion 18/06/2023

  • Shein offers 8,000 new products every day.
  • Shein's sales target for 2022 is $22.7 billion.
  • Shein has overtaken H&M in terms of sales.
  • The company has entered the Top 100 of the world's most powerful brands, according to the annual Kantar BrandZ ranking.

Shein, China's ultra fast fashion giant 05/05/2023

  • Leading ultra-fast fashion brand, founded in 2008
  • Sales in 2022: $22.7 billion (21.3 billion euros)
  • 8,000 new items on offer every day
  • Most downloaded Shein application in the U.S. in 2021
  • Second most-visited online shopping application in France
  • Use of influencers

Shein settles in Paris 05/05/2023

  • New Shein ephemeral boutique opens in the heart of Paris, in the Marais district.
  • Shein offers low-cost prices, with a selection of "killer prices" for consumers.
  • The brand aims to attract young people and French people looking for low-cost clothing.

Shein, the brand in vogue among young people 08/07/2022

  • The brand specializes in online fashion at low prices
  • More than a thousand new items are presented every day on its website
  • Shein makes extensive use of social networks to promote itself
  • Shein opened its first showroom in Paris
  • 44% of Shein customers in France are under 25 years old
  • 30% of Shein's business is in Europe
  • Sales are close to 15 billion euros and the company is valued at 100 billion dollars.
  • Shein mainly targets North American and European markets

Studies mentioning this company

The handbag market - United States

Other companies mentioned:

  • LVMH Groupe
  • Kering
  • Target
  • Walmart
  • H&M Groupe
  • Michael Kors
  • Shein
  • Inditex groupe (Zara)
  • Mango
  • Louis Vuitton Malletier
  • Chanel
  • Chloé
  • Le Tanneur
  • Lacoste Groupe
  • Lancaster Maroquinier
  • Longchamp
  • Hermès International
  • eBay
  • Vestiaire Collective
  • Asos
  • MACY's
  • Vinted
  • The Real Real Inc. Company
  • Bloomingdale's
The handbag market - Germany

Other companies mentioned:

  • Shein
  • LVMH Groupe
  • Longchamp
  • Louis Vuitton Malletier
  • H&M Groupe
  • Chanel
  • Vinted
  • Inditex groupe (Zara)
The women's ready-to-wear market - Spain

Other companies mentioned:

  • Inditex groupe (Zara)
  • ABF group - Primark
  • H&M Groupe
  • Kiabi Europe
  • C&A France
  • El Corte Inglés
  • Pimkie
  • Bershka
  • Mango
  • Celio
  • Shein
  • Massimo Dutti (Inditex groupe)
The children's clothing market - France

Other companies mentioned:

  • GAP
  • Inditex groupe (Zara)
  • Kiabi Europe
  • IKKS
  • C&A France
  • Générale pour l'enfant Groupe (Sergent Major)
  • Petit Bateau
  • Intersport France
  • Idkids Groupe
  • Jacadi (Idkids groupe)
  • Sport 2000
  • GEMO (Eram Groupe)
  • Vert Baudet
  • Cyrillus
  • DPAM Du Pareil au Même (Générale pour l'enfant groupe)
  • Catimini (Idkids Groupe)
  • Natalys
  • Petit Pan
  • Absorba (Idkids Groupe)
  • Okaidi (Idkids)
  • Tape à l'Œil
  • Orchestra Prémaman
  • Sucre d'Orge
  • Petit Béguin
  • Vinted
  • Shein