How Shein Sells Clothes So Cheaply Quizizz

How Shein Sells Clothes So Cheaply Quizizz

Professional Development

10 Qs

quiz-placeholder

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How Shein Sells Clothes So Cheaply Quizizz

How Shein Sells Clothes So Cheaply Quizizz

Assessment

Quiz

Business

Professional Development

Hard

Created by

Marian Moore

Used 21+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is the estimated revenue generated by Shein in 2022?

$60 billion

$10 billion

$23 billion

$40 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

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

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Where did Shein move its headquarters from Nanjing China?

Brazil

Singapore

United States

India

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

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

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

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%

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is the valuation of Shein in 2023?

$50 billion

$100 billion

$66 billion

$80 billion

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

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

High-valued packages

High production costs

Tax exemption

Expensive labor

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