Fast Fashion Giant Shein Sees Its Valuation Drop 35%
Shein is seeking new capital at a round that would value it at $65 billion, a 35 discount from its peak of $100 billion in April 2022.
Shein
After a UK Documentary Revealed Abuses, Shein Says it Will Spend $15 Million Improving Labor Conditions
Channel 4's "Untold: Inside the Shein Machine" described long working hours for little pay at two Shein factories in China. In response, the company pledged to invest in new initiatives.
Chinese Fast Fashion Retailer Shein Is Valued at an Eye-Popping $100 Billion—But What Is It Really Worth?
Shein shocked the investing world in April, when venture capitalists valued the fast fashion company at $100 billion. But how long can Shein live up to that sky-high valuation?
