PARIS: Chinese cut-price fast-fashion giant Shein defended its business model in an interview with AFP, saying demand-based production accounted for its low prices and not forced or cheap labour.
Testing products with a small run and spooling up production if there was demand meant Shein has eliminated"inventory risk", Pernot-Day said, wiping out"the most significant component of garment cost". Pernot-Day said the fashion and lifestyle shopping experience would resemble a"digital grand magasin", referring to Paris' swanky department stores.
"We are able to accurately measure ... demand and only produce enough garments to meet that," he said.Shein's efforts to green its image include a second-hand clothing business in the United States, materials research and integrating recycled materials in its products. Pernot-Day also maintained that Shein has"no suppliers in Xinjiang" in northwestern China, where aid groups have accused it of using forced labour by Uyghur people.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese fast fashion giant Shein denies low prices due to forced labourWith 9,000 employees worldwide and counting, Shein has big plans for further expansion. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
While You Were Sleeping: 5 stories you might have missed, May 6Chinese fast fashion giant Shein denies low prices due to forced labour Chinese cut-price fast-fashion giant Shein defended its business model in an interview with AFP, saying demand-based production accounted for its low prices and not forced or cheap labour. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Chinese courier giant SF picks banks for $3 billion Hong Kong listing - Bloomberg NewsChina's largest express delivery firm SF Holding Co Ltd has started preparations for its Hong Kong listing, which could raise up to $3 billion, Bloomberg News reported on Friday, citing people familiar with the matter.The Shenzhen-listed courier giant, also known as SF Express, is working with Goldman Sac
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Biden administration approves boost in Chinese airline flights to USWASHINGTON: The United States will allow Chinese airlines to increase US passenger services to 12 weekly round-trips, the Transportation Department (USDOT) said on Wednesday (May 3), equal to the number of flights Beijing has permitted for American carriers. It is a boost from the eight weekly ro
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US Vogue mistakes Chinese idol Cai Xu Kun for Jackson Wang at Met GalaAccording to a TikToker, the Chinese singer was misidentified at least five times by various news outlets.
Source: TODAYonline - 🏆 1. / 99 Read more »
Chinese music reality show Ride The Wind’s 4th season to premiere on FridayCHANGSHA – The fourth season of popular Chinese reality show Ride The Wind is set to premiere on Friday. It unveiled on Wednesday and Thursday a new set of videos for the 33 female celebrities who will be taking part. Previously known as Sisters Who Make Waves, the...
Source: thenewpaper - 🏆 7. / 63 Read more »