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Sources: online fast fashion retailer Shein raised between $1B and $2B in a round closed last week, valuing it at $100B; Shein was valued at ~$15B in 2020

China-based fast-fashion seller now worth more than H&M and Zara combined  —  Fast-fashion retailer Shein was valued at $100 billion …

Wall Street Journal

Discussion

  • @jchengwsj Jonathan Cheng on x
    @miriamgottfried Shein was valued at roughly $15 billion in 2020. At $100 billion, the startup is worth more than the combined market capitalizations of European rivals H&M and Zara owner Inditex SA. https://www.wsj.com/...
  • @jchengwsj Jonathan Cheng on x
    Fast-fashion retailer Shein was valued at $100 billion in a recent funding round, according to people familiar with the matter, making the China-based apparel seller one of the world's most valuable private companies. @miriamgottfried https://www.wsj.com/...