Inside the Shein Machine

What was Shein's valuation in 2023?

• $70 million

• $23 billion

• $100 billion

• $66 billion

How much of the U.S. market does Shein control?

• 60%

• 40%

• 50%

• 30%

When did Shein make its U.S debut?

• 2018

• 2015

• 2020

• 2012

How much revenue did Shein generate in 2022?

• $23 billion

• $70 million

• $66 billion

• $100 billion

What is Shein's inventory turnover rate according to a Boston Consulting group report?

• 40 days

• 30 days

• 50 days

• 60 days

How does Shein initially test the popularity of a new product?

• By producing 100 to 200 units

• By producing 1,000 units

• By analyzing competitor sales

• By conducting online surveys

What percentage of Shein's contracted manufacturers were accounted for in the audits released in 2022?

• 25%

• 40%

• 50%

• 36%

What tax exemption does Shein use to cut costs?

• Import tax relief

• Corporate tax cut

• Value-added tax exemption

• De minimis tax rule

How much has Shein committed towards improving supplier factory conditions and training workers?

• $70 million

• $150 million

• $100 million

• $50 million

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

• $50

• $200

• $150

• $100