Peter Pernot News Today

Chinese-founded online retail giant Shein is not positioning itself as an Amazon "clone," the company told CNBC, ahead of its hotly anticipated U.S. public…

Shein is not positioning itself as an Amazon “clone” ahead of its U.S. public listing later this year, the company’s head of strategic communications told...

Shein is not positioning itself as an Amazon “clone” ahead of its U.S. public listing later this year, the company’s head of strategic communications told...

Shein is not positioning itself as an Amazon “clone” ahead of its U.S. public listing later this year, the company’s head of strategic communications told...

Shein is not positioning itself as an Amazon "clone" ahead of its U.S. public listing later this year, the company's head of strategic communications told CNBC.

Shein is not positioning itself as an Amazon “clone” ahead of its hotly anticipated U.S. public listing later this year, the company’s head of strategic...

Shein is not positioning itself as an Amazon “clone” ahead of its U.S. public listing later this year, the company’s head of strategic communications told...

Shein Amazon: Sheins website drew 28.6 million unique monthly visitors in October, up 7.25% from a year earlier, according to Similarweb. But visits to Sheins website that resulted in actual transactions declined to 4.1% from 4.6% a year earlier.

Shein has been trying to drop the secrecy around its business model and supply chain. The company has been hosting a series of in-person events across the US — and hinting at what a deal with Forever 21 might look like.

Sheins website drew 28.6 million unique monthly visitors in October, up 7.25% from a year earlier, according to Similarweb. But visits to Sheins website that resulted in actual transactions declined to 4.1% from 4.6% a year earlier.