Why Shein Might Be Worth $100 Billion, in Four Charts
The fast-fashion juggernaut has gone from virtually unknown to rivalling the category’s biggest players in the space of a few years. Now, it’s reportedly raising funding at an astronomical valuation.
Chinese e-commerce giant Shein has upended the retail industry by figuring out how to make clothes even quicker and cheaper than fast-fashion brands that came before it. Independent brands and global retailers alike are changing how they operate to keep up.
The online upstart is only getting started: it’s planning to raise $1 billion at a $100 billion valuation, according to Bloomberg. If successful, Shein would be worth as much as Zara and H&M combined.
Below, a look at Shein’s path to the top.
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The retailer swung to a loss as sales slowed after the US removed the de minimis exemption on small packages and it incurred a hefty one-time accounting charge.
Sales of gems, precious metals and artwork at Japan’s department stores climbed 19 percent in the first half of 2026 from a year earlier to $2 billion.
Though Adidas dressed both teams in the World Cup finals, the global football tournament still presented some bright spots for Nike, writes Bloomberg’s Andrea Felsted.