Rise of China’s Temu and Singapore’s Shein has been exponential in the US. The e-tailers revenues have surged in the past year. Shein reportedly grew more than 40%, and is said to be on its way to surpass Zara — the world’s largest retailer. Shein has been able to trump fast-fashion incumbents Inditex’s Zara and … Read more
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using this form at the bottom of this page to ensure you don’t miss out on the most important retail tech news every week! Q3 2023 marked a three-year low for venture deal volume in … Read more
Updated Jun 29, 2023, 04:25pm EDT Topline Fast fashion retailer Shein shot down a Thursday report from Reuters that claimed it confidentially registered with regulators for a U.S. initial public offering, in what would be a highly controversial listing in the U.S. given controversy around the brand’s labor practices. the first permanent showroom of Chinese … Read more