The decision was not publicly explained. Fashion giant Shein makes controversial decision after setback in US — here's what ...

Shein won't comment on reports that it wants to list on a U.S. stock exchange. Private investors have recently slashed its valuation, but it could still top fashion rivals Zara and H&M combined.

Shein made $24 billion in 2022. So while the fast fashion brand is widely known for its poor working conditions and contributions to the climate crisis, it can still afford to collab with any ...

Both Shein and Temu were two of the biggest advertisers on platforms like Facebook, Instagram, YouTube and Google. In 2023 alone, they spent $2 billion on Meta and $3 billion on marketing in general.

Shein’s plans for an I.P.O. were reported earlier by Chinese media companies. In recent years, Shein has gained popularity among U.S. consumers, particularly teenagers and young adults, for its ...