- January 25, 2024
Investors in fashion retailer Shein are reportedly selling discounted shares.
Those private-market deals value Shein at as low as $45 billion, Bloomberg News reported Thursday (Jan. 25), noting this shows a drop in ...
- January 17, 2024
Valentine’s Day is less than a month away, and if you’re on the lookout for something special for your sweetie, PYMNTS is here to help.
Every month, we determine the most ...
- January 12, 2024
Shein is reportedly seeking approval from a Chinese regulator to go public in the United States.
The online fashion company, which is based in Singapore and valued at $66 billion, filed ...
- January 2, 2024
Uniqlo wants to grow by selling good-quality apparel at affordable prices.
That’s the stance the Japanese retailer is taking when it comes to securing its spot in the world of consumers ...
- December 29, 2023
Shein or Temu reportedly could be potential merger partners for Wayfair.
Either of the two Chinese-founded eCommerce companies could be a good fit for a merger with the Boston-based home goods ...
- December 27, 2023
As H&M works to attract a new set of shoppers, while Shein and Zara pick up more market territory in the fast fashion landscape, Mango, the Spanish retailer, is fortifying ...
- December 18, 2023
As the fast fashion race heats up, H&M has more than just Shein to worry about. With contenders like Zara vying for the spotlight and snatching up market share, H&M ...
- December 15, 2023
Fashion retailer H&M is reportedly making strategic moves to attract more aspirational shoppers and differentiate itself from fast-fashion giant Shein.
With Shein’s rapid growth and disruptive presence in the market, H&M ...
- December 12, 2023
The holidays are right around the corner, and holiday shopping is in full swing.
This edition of PYMNTS’ Provider Ranking of Shopping Apps is here to help you pick the right ...
- December 4, 2023
Shein has applied to go public in the United States. If it succeeds, this could make Shein one of the biggest initial public offerings (IPOs) in recent years. But that’s ...
- November 27, 2023
Shein has reportedly confidentially filed to go public in the United States, potentially making it one of the biggest initial public offerings (IPOs) in recent years.
The online fashion company’s IPO is ...
- November 22, 2023
Online retailers Temu and Shein reportedly draw millions of visitors to their websites but struggle to convert those visits to sales.
Despite their popularity, the two retailers still lag behind market leader Amazon in terms of conversion ...
- November 7, 2023
The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to browse. Fortunately, PYMNTS has you ...
- November 1, 2023
Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of $1.5 billion.
This has made Tabby ...
- October 27, 2023
Fast-fashion platform Shein and brand portfolio owner Authentic Brands Group have formed a partnership that will bring the Forever 21 brand to Shein’s platform.
Under this strategic agreement, Shein will design, manufacture and distribute a line of ...
- October 16, 2023
This month in PYMNTS’ Provider Rankings of Shopping Apps we see Walmart climbing to the top, giving Shein something to fight for. We also see double ties in our lower half but ...
- September 12, 2023
The PYMNTS Provider Ranking of Shopping Apps showcases the top-performing apps transforming the shopping experience.
This month, there are four ties, and Shein finds itself back in first place.
The Top 5
Shein ...
- August 24, 2023
The recent news that Shein and Forever 21 are linking up to cross-sell underscores the importance of returns as part of the commerce continuum.
As PYMNTS reported Thursday (Aug. 24), Shein ...
- August 24, 2023
Chinese fast-fashion giant Shein has launched a partnership with American clothing retailer Forever 21.
The collaboration, as detailed in a Thursday (Aug. 24) announcement, would allow Shein to sell Forever 21 items on ...
- August 14, 2023
Back to school looms, and shopping — for now, at least — revolves around backpacks, Chromebooks, fall fashion, sneakers and, possibly, stocking up on dorm room snacks.
And for the key ...
- July 30, 2023
Earlier this month, Chinese fast-fashion brand Temu sued rival Shein, accusing it of “intimidation.”
That suit followed an earlier one filed in federal court in March in which Shein accused Temu of copyright and ...
- July 19, 2023
The rivalry between two Chinese online retailers spilled over into U.S. federal court.
In an antitrust suit filed in Massachusetts last week, Temu accuses fast-fashion competitor Shein of trying to hurt ...
- July 14, 2023
While there’s been a growing recognition around the mass potential of niche markets, brands and retailers have recently looked to diversify their offerings, hoping to convert more browsers into paying ...
- July 4, 2023
Online fast-fashion retailer Shein is reportedly working with investment banks about a possible public listing.
The Chinese company has held talks with both the New York Stock Exchange and Nasdaq, Reuters ...
- July 3, 2023
The announcement that H&M and Shein are diversifying their offerings through third-party assistance (brand incorporation or sellers) isn’t unusual because now when a consumer shops on Shein they can find ...
- June 29, 2023
Shein has denied a media report that it has registered for an initial public offering (IPO) in New York.
Reuters reported Thursday (June 29) that the fast-fashion retailer has confidentially submitted ...
- June 22, 2023
Fast-fashion retailer Shein reportedly plans to enhance its market presence in Europe and Mexico.
The company aims to expand its offering of locally manufactured products, signaling a shift toward diversifying its ...
- June 21, 2023
In a bid to compete with rivals like Shein and Amazon, TikTok is broadening its online retail offerings. ByteDance, the Chinese parent company of the video-sharing app, has started selling ...
- June 16, 2023
Fast-fashion retailer Shein has expanded its third-party marketplace to include home appliances and smart home products.
The extended product categories now include items such as portable washing machines, remote control lighting ...
- May 31, 2023
You may have clicked this link looking for radical changes of position in PYMNTS’ Provider Ranking of Shopping Apps. Sorry to disappoint, but this is not the month for rank changes.
In ...
- May 24, 2023
With a passionate online following already under its belt, Shein is now setting its sights on expanding its influence in the U.S. In pursuit of this goal, the fast-fashion eTailer ...
- May 17, 2023
Shein’s latest funding round has reportedly lowered its $100 billion valuation by a third.
The online-only fashion retailer raised $2 billion in the most recent round, and slashed its valuation to ...
- May 8, 2023
Been shopping lately? It’s pricey out there. The wise shopper is prepared, and the PYMNTS Provider Ranking of Shopping Apps indicates how those wise shoppers save.
Putting our money where our ...
- April 12, 2023
In recent years, the concept of quiet luxury has become a trend in the fashion industry.
The term refers to the subtle but expensive garments offered by high-end brands like Loro ...
- March 20, 2023
What’s better than a shopping app? Air. Maybe. See if you don’t agree after perusing this month’s latest listings to see who’s got the mobile shopping mojo.
The Top 5
Still at ...
- March 16, 2023
Lulus is not fast fashion. But that’s not what most shoppers think.
Since its inception, the retailer has been clear about its focus on providing luxurious items at affordable prices. Co-founder ...
- March 9, 2023
Fast fashion giant Shein is reportedly raising $2 billion as it prepares to go public.
The Chinese online retailer has drawn investments from the United Arab Emirates’ sovereign wealth fund Mubadala, ...
- February 17, 2023
Shein is reportedly telling investors that it plans to double its revenue by 2025.
The Financial Times (FT) reported Friday (Feb. 17) that the online fast fashion giant also expects its ...
- January 27, 2023
The fast-fashion wars got intense in 2022 as relative newcomer Shein outpaced a competitive set, including H&M, Uniqlo and Zara, setting up a battle for primacy in 2023.
This, as the ...
- January 18, 2023
Shein is reportedly considering a funding round that would lower its market valuation by a third.
The Financial Times (FT) reported Wednesday (Jan. 18) that the deal to raise $3 billion ...