Built on globalization, Shein is now contending with slower growth, geopolitical pressure, and an investor market captivated by AI.

Armed with $15 billion in cash, according to its prospectus, plus another $1.74 billion raised in the IPO, it is primed for an acquisition-driven phase as it seeks to recover…

“A model that floods the market with thousands of new daily styles at single-digit price points can only exist by passing its true costs onto labour and the environment.”