How Shein Sells Clothes So Cheaply Quizizz

What is the estimated revenue generated by Shein in 2022?

• $60 billion

• $10 billion

• $23 billion

• $40 billion

What is the inventory turnover rate of Shein according to a Boston Consulting group report?

Note: Turnover is how fast a product sells.

• 50 days

• 40 days

• 30 days

• 20 days

Where did Shein move its headquarters from Nanjing China?

• Brazil

• Singapore

• United States

• India

What is the average monthly spending of a U.S. Shein shopper on women's clothing according to a 2023 UBS report?

• $125

• $50

• $75

• $100

What is the percentage of packages shipped to the United States each day under the de minimis rule from Shein and its rival Temu?

• 20%

• 10%

• 40%

• 30%

What is the valuation of Shein in 2023?

• $50 billion

• $100 billion

• $66 billion

• $80 billion

What is the main reason behind Shein's ability to keep prices low?

• High-valued packages

• High production costs

• Tax exemption

• Expensive labor

What is the focus of Shein's recent partnership with Forever 21?

• Marketplace model

• Supply chain transparency

• Environmental sustainability

• Labor rights

What is the main criticism regarding Shein's clothing consumption?

• High quality

• Environmental waste

• Low prices

• Ethical sourcing

What is the main concern regarding Shein's supplier audits?

• Involuntary labor

• Quality control

• High wages

• Transparency