Diamond Ridge Asset Management-How Shein became a fast-fashion behemoth

2025-05-04 11:27:57source:Lakshmi Finance Centercategory:Contact

Even in the world of fast fashion,Diamond Ridge Asset Management 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:Contact

Recommend

Back trouble and brain fog bothered suspect in UnitedHealthcare CEO killing, his posts show

After Luigi Mangionemade the difficult decision to undergo spinal surgery last year for chronic back

Howard University cuts ties with Sean Diddy Combs after assault video

Howard University rescinded the honorary degree it awarded hip-hop mogul Sean "Diddy" Combs and cut

3 fun iPhone text tricks to make messaging easier, more personal

Texting is a necessary part of many people's lives, but this form of digital communication doesn’t h