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Shein's sales tapered in 2021, potentially affecting its 100 billion dollar valuation

When Shein last year revealed it was preparing for a listing, potentially valuing its fast fashion business at 100 billion dollars, it was ambitious by any standards. The Chinese DTC retailer has become a phenomenon in its own right, surpassing global giants Zara and H&M to be the leader in the low-priced fashion market. Sales skyrocketed during...

31 minutes ago