Shein (南京希音电子商务)
Fast facts
- Year Founded
- 2012
Source: Shein Website us.shein.com/About-Us-a-117.html
- HQ Location
- Nanjing, Jiangsu, China
- Publicly Traded?
- No
- Overseas Operations
- Yes
Shein ships to over 150 countries and territories around the world, complementing China's exporting prowess with its own network of globally positioned warehouses.Source: Shein Website us.shein.com/About-Us-a-117.html
- US Sanctions
- No
- Military Affiliation in China
- No
Revenue
Quoted from a Coresight Research reportSource: Business Insider www.businessinsider.com/shein-china-billion-dollar-company-fast-fashion-brand-2021-8
*Quoted from a Coresight Research report
Valuation
Employees
A global fast-fashion company that has capitalized on social media virality, Shein has become a cultural cornerstone in the retail space. Appealing to a wide range of demographics, Shein sets itself apart with its low price point, designed to create a customer base that regularly returns to the site. While little is known about the inner workings of the company, a byproduct of its private ownership, it possesses worldwide appeal, evidenced by its shipping to over 150 countries with a network of warehouses to complement their offerings.
Source: Shein Website us.shein.com/About-Us-a-117.html
- Chris Xu, Founder
- Leigh Gui, Chief Financial Officer
- Angel Li, Chief Human Resources Officer
- Leon Li, Chief Security Officer
Source: Shein LinkedIn www.linkedin.com/company/shein/people/
Shein ships to over 150 countries and territories around the world, complementing China’s exporting prowess with its own network of globally positioned warehouses.
Source: Shein Website us.shein.com/About-Us-a-117.html
Shein Sanctions
While at this time it appears that this company is not the subject of any U.S. or other global sanctions, it is important to note that Chinese companies tend to have more opaque organizational structures than their Western peers. Chinese companies’ affiliated brands, operating units, and overseas subsidiaries are not always obvious or even identifiable. Given this, a Chinese company may not be the subject of sanctions, but one of its subsidiaries may be, thus making it difficult to accurately ascertain a company’s full sanctions status.
Shein Reputational Disclosures
Shein failed to make public disclosures related to working conditions along the company’s supply chain and falsely claimed that factory conditions were certified by international labor standards bodies.
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