In 2022, Shein was valued by private investors at around US$100 billion, making it one of the world’s most valuable fashion companies. This month, it went public in Hong Kong at a valuation of around US$27 billion — roughly 70 per cent below that 2022 peak. Its growth has also slowed: from 19 per cent […] The post Is fast fashion losing its fit? appeared first on e27.
In 2022, Shein was valued by private investors at around US$100 billion, making it one of the world’s most valuable fashion companies. This month, it went public in Hong Kong at a valuation of around US$27 billion — roughly 70 per cent below that 2022 peak. Its growth has also slowed: from 19 per cent […] The post Is fast fashion losing its fit? appeared first on e27.
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