Shein Fast Fashion Quiz

What is Shein known for?

• $2 T-shirts and $7 pants

• $10 dresses and $15 shoes

• $20 jackets and $30 jeans

Where is Shein's headquarters located now?

• Nanjing, China

• Singapore

• New York, USA

When did Shein make its U.S. debut?

• 2010

• 2015

• 2020

How is Shein trying to improve its image?

• By partnering with Forever 21

• By diversifying its supply chain outside of China

• By offering free shipping to customers

What is the de minimis tax rule?

• A rule that allows low-valued packages to enter the U.S. tariff-free

• A rule that imposes high tariffs on all imported packages

• A rule that applies only to Shein and its rival Temu

What happened to Shein's valuation in 2022?

• It increased by a third

• It remained the same

• It dropped by a third

How does Shein keep prices low?

• By ordering in smaller batches

• By using cheap labor in China

• By taking advantage of a U.S. tax exemption

How does Shein create new designs?

• By hiring famous designers

• By monitoring user engagement activity

• By copying designs from other brands

What is Shein's inventory turnover rate?

• 20 Days

• 40 Days

• 60 Days