Business
Did Shein lose a third of its 100 billion dollar valuation?
Back in April, Shein, the enigma behemoth Chinese fast fashion retailer, was valued at 100 billion dollars. Bigger than Zara and H&M combined, it seemed the fashion giant, which had the most downloaded app in the U.S., surpassing Amazon, would continue to soar to new heights. Shein’s colossal value came after it raised 1.5 billion dollars in a...
Oct 7, 2022