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Shein sales last year surpassed Zara and H&M.
Shein, the Chinese fast fashion company popular in the US, recorded $32.2 billion in sales. To give you a sense of scale, Zara’s sales came in at $28 billion, and H&M’s at $22 billion.
Under EU regulations, Shein will face more scrutiny alongside companies like Amazon. Shein is expected to go public in the US this year.
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