The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Shein, the ultra-fast China-based online retailer, has established a new hub in Singapore to better extend its reach into Southeast Asia.
It already has websites for Singapore, Indonesia, Thailand, Vietnam, and the Philippines and Shein told Tech in Asia that it plans to create a standalone website for Malaysia in the near future.
A Southeast Asia push makes sense for the company, which is already in the top ten most downloaded shopping apps in the region’s major countries.
According to data analytics company Earnest Research, which collects credit card data, Shein’s sales in the US grew 160 percent from January to June. The company now controls 28 percent of the American fast fashion market, according to Earnest, topping incumbents H&M, Zara, Forever 21 and Fashion Nova.
This week’s round-up of global markets fashion business news also features Korean shopping app Ably, Kenya’s second-hand clothing trade and the EU’s bid to curb forced labour in Chinese cotton.
From Viviano Sue to Soshi Otsuki, a new generation of Tokyo-based designers are preparing to make their international breakthrough.
This week’s round-up of global markets fashion business news also features Latin American mall giants, Nigerian craft entrepreneurs and the mixed picture of China’s luxury market.
Resourceful leaders are turning to creative contingency plans in the face of a national energy crisis, crumbling infrastructure, economic stagnation and social unrest.