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HomeBusinessMarketChina’s booming fast-fashion giant Shein faces dozens of U.S. lawsuits alleging design...

China’s booming fast-fashion giant Shein faces dozens of U.S. lawsuits alleging design theft

In only a few years, the Chinese attire large Shein has captured the marketplace for bargain-seeking Gen-Z buyers by providing big types of low-cost attire day by day. Along the way in which, it has picked up a long list of complaints of copyright theft from massive manufacturers and boutique designers.

Valued at greater than $100 billion and backed by big-name investors corresponding to Sequoia Capital China and General Atlantic, Shein—pronounced “she-in”—has loved booming progress. Its attraction consists of cut-rate costs, profitable tie-ups with on-line influencers and an endlessly refreshing wardrobe of as much as 6,000 new gadgets a day.

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