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How Shein Sells Clothes So Cheaply Quizizz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the estimated revenue generated by Shein in 2022?

a)

$60 billion

b)

$10 billion

c)

$23 billion

d)

$40 billion

2.

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

Note: Turnover is how fast a product sells.

a)

50 days

b)

40 days

c)

30 days

d)

20 days

3.

Where did Shein move its headquarters from Nanjing China?

a)

Brazil

b)

Singapore

c)

United States

d)

India

4.

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

a)

$125

b)

$50

c)

$75

d)

$100

5.

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

a)

20%

b)

10%

c)

40%

d)

30%

6.

What is the valuation of Shein in 2023?

a)

$50 billion

b)

$100 billion

c)

$66 billion

d)

$80 billion

7.

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

a)

High-valued packages

b)

High production costs

c)

Tax exemption

d)

Expensive labor

8.

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

a)

Marketplace model

b)

Supply chain transparency

c)

Environmental sustainability

d)

Labor rights

9.

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

a)

High quality

b)

Environmental waste

c)

Low prices

d)

Ethical sourcing

10.

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

a)

Involuntary labor

b)

Quality control

c)

High wages

d)

Transparency