2023-08-25
A partnership paves the way for Asian e-commerce powerhouse Shein to sell Forever 21 dresses, jeans and accessories on its site while Shein shops could operate inside Forever 21 stores down the line https://www.wsj.com/... via @WSJ
Wall Street Journal
Shein acquires ~33% of Forever 21 parent company Sparc and Sparc takes a Shein minority stake, letting Shein sell Forever 21 items and operate inside its stores
the deal is a win for fast fashion, but a loss for the environment PYMNTS.com : Shein's Forever 21 Returns Deal Spotlights Key Omnichannel Strategy Wajeeh Khan / Invezz : Shein jus...