Data Dive: Shein in Numbers as It Files for a US IPO

What's Inside

On November 27, 2023, Shein was reported to have confidentially filed for a US initial public offering (IPO). We discuss data points from prior Coresight Research reports to help readers understand the scale of Shein in fast fashion.

This report is part of our Data Dive series, in which each report offers an essential briefing on topical, need-to-know data.

Data in this report include:

• Shein revenues and market share in fast fashion, including market-share projections
• Proprietary consumer survey data on which retailers apparel purchasers buy from

Companies mentioned in this report include: H&M, Inditex, Primark, Ross Stores, Shein, The TJX Companies

Other relevant research:

• Shein in Fast Fashion—Update: Establishing Dominance Through New Strategies and Business Expansion Plans
• Global Fast Fashion: Market Poised for Strong Growth, but Sustainability Challenges Remain
• Discount Decades—US Apparel and Footwear Discounters: Set For Market Share Gains
• Shein in US Fast Fashion: The Multibillion-Dollar Apparel Giant Captures Share Among Young Shoppers
• Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles.