Phaninc Exchange-How Shein became a fast-fashion behemoth

2025-05-08 10:00:59source:Polarmoon Wealth Societycategory:Stocks

Even in the world of fast fashion,Phaninc Exchange where trendy and cheap is the name of the game, Shein has taken the concept to a whole other level — churning out thousands of new products each day at staggeringly low prices. In the past few years, Shein has grown into the world's largest online-only fashion retailer. And in the process, it has also drawn criticism, a cultural backlash, and the ire of U.S. lawmakers. Today on the show: how Shein's unusual business model helped it grow from a small internet startup to a global retail behemoth, and why it is so controversial.

If you enjoyed this episode, check out our series on the influencer industry.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: Facebook / Newsletter.

More:Stocks

Recommend

Car bomb kills senior Russian general in Moscow: Officials

LONDON -- A car bomb in Moscow has killed a senior Russian military officer, Russian officials said.

Lady Gaga Shares Update on Why She’s Been “So Private” Lately

Always remember Lady Gaga this way: working hard on her creative endeavors.In a rare personal messag

Feds sue AmerisourceBergen over 'hundreds of thousands' of alleged opioid violations

The U.S. Justice Department is suing one of the nation's largest corporations, drug wholesaler Ameri