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Shein and Forever 21 team up in hopes of expanding reach of both fast-fashion retailers

Por: 10 WBNS Nation August 25, 2023

NEW YORK — Fast fashion retailers Shein and Forever 21 are going into business together. Under a partnership agreement announced the Chinese-founded Shein will acquire about one-third interest in Sparc Group, Forever 21's operator. Sparc will also become a minority shareholder in Shein. The deal is expected to expand Forever 21's distribution on Shein's global e-commerce platform, which has attracted 150 million online users. In... + full article



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