Fast-fashion giant Shein reportedly more than doubled its profits in 2023 — to a record-high of more than $2 billion — as the China-owned company awaits approval to go public in the US.

Shein releases as many as 2,000 new pieces every day, according to Saunders. "Shein drops an enormous amount of new product, and it's an addictive model for consumers," Saunders said.

Sales of $10 tops and $15 dresses have sent the value of Shein, the Chinese-owned brand selling ultra-fast fashion to the West, soaring since it launched in 2017 in the U.S.

SHEIN's ability to deliver trends at low prices has not only won over Gen Z but is also attracting Millennials and Gen X, making it a threat even to established brands.

Shein, an e-commerce company founded in China, hiked its prices for U.S. consumers on items like clothing, toys and more in response to President Donald Trump's tariffs.

More than a year after Shein promised to tackle excessive working hours in its supply chain, a new report suggests the Chinese fast-fashion company still has a problem. CNN values your feedback 1.

Key Background. According to a since-deleted press release, Shein was founded in 2008 as SheInside by Chinese-American entrepreneur Chris Xu–whom Forbes estimated is worth $10.5 billion–with ...

Fast fashion retailer Shein found two cases of child labor at its suppliers last year, it said in its 2023 sustainability report, as it stepped up audits of manufacturers in China to assuage ...

Shein was founded in China in 2012 by four co-founders, according to its website, although the closely-held e-commerce company shifted its headquarters to Singapore in 2022.

In a now-deleted video, fashion influencer Dani (@itsdanidmc) reflected on her trip with Shein by saying that “there is a narrative fed to us in the U.S” about Shein, but that her biggest ...

Shein’s official TikTok account has since posted two responses to the original video. On June 1, the brand claimed, “Our strict Code of Conduct prohibits suppliers from using child or forced ...

Ultra-fast fashion company Shein has faced a litany of criticisms about its labor practices and supply chain. A recent report says Shein found two cases of child labor last year.