Subject category:
Strategy and General Management
Published by:
Amity Research Centers
Length: 11 pages
Data source: Published sources
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Abstract
Shein, the fast-fashion Giant was founded by Chris Xu, a Chinese entrepreneur in 2012. Since its inception, the brand had grown rapidly, registering explosive growth in the US. Over the years, Shein had rapidly expanded its operations in international markets like Australia, New Zealand and Latin America. Shein was aggressively forging ahead with its merger and acquisition trajectory to expand its global footprint and to diversify its revenue streams. As of 2023, Shein had acquired a majority stake in Missguided, a UK based fast fashion brand founded by Nitin Passi in 2009. This collaboration was different from the 2022 acquisition of Forever21 by Shein which had boosted its presence in the US market. Would the deal with Missguided boost Shein's presence in the UK market and further deepen its global reach?
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Time period
The events covered by this case took place in 2024.Geographical setting
Region:
World/global
About
Abstract
Shein, the fast-fashion Giant was founded by Chris Xu, a Chinese entrepreneur in 2012. Since its inception, the brand had grown rapidly, registering explosive growth in the US. Over the years, Shein had rapidly expanded its operations in international markets like Australia, New Zealand and Latin America. Shein was aggressively forging ahead with its merger and acquisition trajectory to expand its global footprint and to diversify its revenue streams. As of 2023, Shein had acquired a majority stake in Missguided, a UK based fast fashion brand founded by Nitin Passi in 2009. This collaboration was different from the 2022 acquisition of Forever21 by Shein which had boosted its presence in the US market. Would the deal with Missguided boost Shein's presence in the UK market and further deepen its global reach?
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Settings
Time period
The events covered by this case took place in 2024.Geographical setting
Region:
World/global