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Shein pursues US expansion as sales surge: report

TechNode LogoTechNode1w ago

Shein pursues US expansion as sales surge: report

Quick Summary:

As Chinese fast-fashion platform Shein continues to see rising sales in the US, the company plans to build three large distribution centers in the country, which could reduce shipping times to its customers by three or four days, The Wall Street Journal reported on Thursday.

Context: Known for its ultra-low prices and fashionable clothing and accessories, Shein’s focus on the overseas e-commerce market has seen it become one of the hottest retail companies in the world, but it is also now facing unprecedented competition.

The expansion will also allow Shein to retain and build up its competitive advantage as it faces more competition.


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Article Details

Author / Journalist: Cheyenne Dong

Category: Technology

Topics: News E-commerce and New Retail Shein Heavy Hitters Highlight

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-16, 09:52:52

News Timezone: GMT +8:00

News Source URL: technode.com

Language: English

Reading Time: 2 minutes read

Article Length: 206 words

Coverage Area: China

Availability: Desktop Web, Mobile Web

News ID: 409542

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About TechNode

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Main Topics: Technology

Official Website: technode.com

Update Frequency: 4 posts per day

Year Established: 2007

Headquarters: China

News Last Updated: 2d ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Publisher ID: #78

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