Shein

Sources: Shein and Reliance plan to expand their Indian supplier base from 150 to 1,000 and sell India-made, Shein-branded clothes globally within 12 months

India's commerce minister says that Shein will operate in India purely as a tech partner, with Reliance Retail having full ownership and control of operations

Manish Singh / TechCrunch :

Sources: Temu and Shein have supplanted Walmart and Target as focal points in internal Amazon meetings related to retail, as Amazon explores new promo campaigns

from Amazon to Walmart to Wawa Lionel Lim / Fortune : Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits X: Sebastian...

Sources: Temu is scooping up suppliers of cheap goods that once worked with Shein, as Shein moves to clean up its supply chain ahead of a planned US listing

PDD Holdings-owned marketplace takes on Chinese sellers of cheap goods as fast-fashion competitor prepares for IPO

Sources: Shein approached the CAC and China Securities Regulatory Commission to get their blessing for a US IPO, despite not formally requiring their approval

Financial Times :

Shein acquires ~33% of Forever 21 parent company Sparc and Sparc takes a Shein minority stake, letting Shein sell Forever 21 items and operate inside its stores

the deal is a win for fast fashion, but a loss for the environment PYMNTS.com : Shein's Forever 21 Returns Deal Spotlights Key Omnichannel Strategy Wajeeh Khan / Invezz : Shein just announced a deal w...