Retail News

Shein lowers valuation after raising $2 billion in funding round

The Wall Street Journal 05/17/2023

Shein has been valued at $66 billion, about a third less than a year ago, after raising $2 billion in its latest fundraising round. The online fashion retailer generated $23 billion in sales last year.

Source: The Wall Street Journal



MORE RETAIL NEWS HEADLINES...

    Discussions
    Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!