Shein - Facts & Statistics You Need to Know

Shein, pronounced as SHEE-In, is a Chinese fast-fashion retailer that has taken the world by storm with its rapid growth and massive market presence.

How Ultra-Low Fast Fashion Is Disrupting Traditional Retail The success of Shein and Temu has significantly disrupted traditional brick-and-mortar stores and mid-tier fashion retailers. They can undercut prices and offer a broader range of products by leveraging technology and supply chain efficiencies. This disruption is partly facilitated by their use of de minimis shipment exemptions, which allow them to avoid traditional tariffs faced by physical stores. Consequently, many established retailers struggle to compete on both price and speed, pushing them to rethink their strategies.

The rise of Shein and Temu has fundamentally altered consumer expectations in the fashion industry by providing ultra-low prices, trendy items, and rapid delivery times.

Keeping up with the Resale boom in UK

As we stand on the brink of a “resale boom” in 2024, more retailers are integrating recommerce strategies, including resale, rental, and subscription models, into their operations.

Report: 1-in-2 Gen Zers use social media to identify latest luxury trends

Social media has become integral to our daily lives, shaping how we communicate, stay informed, and shop.

Report: Gen Z accounts for 20% of all luxury purchases

The luxury industry is undergoing a major transformation, driven by the spending habits and preferences of Generation Z.

60% of Luxury Consumers Prefer Brands Prioritizing D&I

Recent reports indicate that 60% of luxury consumers are more likely to purchase from brands that prioritize diversity and inclusion (D&I).

The Top 10 Biggest Retailers in the UK

The UK retail landscape is characterized by the dominance of traditional supermarket chains and the rapid growth of discount retailers.

20% of Men Are Influenced by Eco-Friendly Brands

In a new survey commissioned by Propel and OnePoll, 65% cited the importance of brand transparency as they look for environmental claims when making purchases.

64% of U.S. shoppers admit to impulsive buying

A new study released by ADvendio, the leading omnichannel retail media advertising platform, reveals that evolving consumer shopping behaviors open significant opportunities for retailers to boost sales and improve customer engagement.

87% of Marketers Increased Sales from Video Marketing

The HubSpot State of Marketing report reveals compelling insights into the impact of video marketing on sales and overall business growth.

Online Shoppers Spent the Most on Home Furniture & Luxury Apparel (Report)

In 2023, global online shopping exhibited notable trends in consumer spending habits and the influence of traffic sources on order values.

1 in 3 brands launched in 2022 discontinued by 2023

According to the latest findings by market research giant Euromonitor International, nearly one-third of brands introduced in 2022 were discontinued by the end of 2023.

Miu Miu named fashion's hottest brand by The Lyst Index (Q1 2024)

As we step into the vibrant landscape of 2024, the fashion industry continues to evolve with an ever-changing array of trends, brands, and standout products.

The 10 Most Popular Luxury Brands Online

The luxury fashion industry continues to thrive in the US, with iconic brands dominating the hearts and closets of fashion enthusiasts.

10 Most Followed Luxury Brands on Instagram (2024 Ranking)

Luxury fashion brands have long captivated audiences with exquisite designs and A-list celebrity connections. So, it’s no surprise the competition among luxury brands on Instagram is fiercer than ever, with each vying for the coveted top spot as the top luxury brands on Instagram.

White Label vs Private Label

In this article, we will explore the definitions of white labeling and private labeling in fashion and how they can impact brand differentiation and fashion branding.

2 to 4% Expected Growth for Luxury Goods Market in 2024

Despite initial setbacks and economic uncertainties brought on by the COVID-19 pandemic,, recent reports indicate that luxury brands are experiencing a significant rebound, defying expectations and showcasing the sector’s enduring appeal.

88% of Americans are now aware of Temu

In 18 months, the Chinese e-commerce platform Temu has achieved a feat that most brands only dream of—becoming a household name in the United States.

54% of shoppers prefer to buy items advertised by 'trusted' retailer

American consumers are increasingly influenced by ads served on retailers’ own websites compared to third-party marketplaces, according to a new study by Intellias, a leading software engineering and digital consultancy company.

Acne Studio Purse Skirt Goes Viral

Acne Studios, a luxury fashion house based in Stockholm, Sweden, is no stranger to innovation and pushing boundaries.