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Shein and Forever 21 become frenemies with investment deal

Shein acquired a stake in rival fast-fashion retailer Forever 21 to expand its online offerings and establish a brick-and-mortar presence in the US. ....

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Shein partners with Forever 21 to expand their fast fashion reach

Fast fashion retailers Shein and Forever 21 have forged a strategic partnership aimed at bolstering their global presence. About the partnership: Announced on Thursday, the collaboration will see Shein acquiring approximately one-third interest in Sparc Group Holdings II LLC, the parent company of Forever 21, while Sparc Group becomes a minority shareholder in Shein. Renowned for its innovative on-demand model, Shein boasts an extensive e-commerce platform catering to over 150 million online users globally. ....

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