Focus: Rise of fast-fashion Shein, Temu roils global air cargo industry
reuters.com
Focus: Rise of fast-fashion Shein, Temu roils global air cargo industry
Shein shows one way this can go - it’s built a smartphone-only fast fashion brand that appears to be bigger than H&M and Zara combined in the USA. Part of the Shein story is the pace of inventory and the use of data (it claims to add 8-10k new SKUs every single day) but the other is that it has built this business with cheap shipping and (like... See more
Benedict Evans • TV, merchant media and the unbundling of advertising — Benedict Evans
SHEIN’s explosion is nothing short of remarkable: SHEIN has grown over 100% every year for eight straight years (!), and its latest private market valuation makes it worth more than Zara and H&M combined.
Rex Woodbury • The TikTokization of Everything
Since the start of the year (2022), fast fashion giants H&M and Zara have launched about 11,000 new styles combined.Over the same time, ultra-fast fashion brand Shein has released a staggering 314,877 styles.