How Shein Outgrew Zara and H&M and Pioneered Fast-Fashion 2.0
The current market leader, Shein, has outshined the fast-fashion giants, Zara and H&M. Shein, which has an outstanding valuation and is ready for an imminent initial public offering (IPO), reported over US$23 billion in global revenue in 2022, accounting for nearly one-fifth of the global fast-fashion market. Shein’s attractiveness comes from its low-priced items, such
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