According to recent data from leading consultancy GlobalData, SHEIN, a Guangzhou-based global fashion brand, has become the world’s fastest-growing fashion retailer in 2024, joining Hermès and Chanel as the top performers in the industry.

Leveraging its digital on-demand flexible supply chain, SHEIN now holds a 1.53 percent global market share, surpassing #ZARA, #H&M, and #UNIQLO to rank as the third-largest fashion retailer worldwide, trailing only #Nike and #Adidas.

Source: Guangzhou Daily
English author: Lyu Yun
Editor: Di Wu, Lyu Yun