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Amazon set to create "discount" section with goods shipped direct from China

Jun 28, 2024
Analysts say this could be a bid for the retailer to compete more directly with ultra-low-cost sites like Temu and Shein.
Axing or reducing the number of U.S. warehouses could mean fewer Amazon goods go unsold.
Johannes Eisele/AFP via Getty Images

The business of Shein, the fast-fashion brand that's dominating Gen Z's closets

May 6, 2022
The apparel maker was recently valued at $100 billion, more than competitors Zara and H&M combined.
Katy Perry speaks during a Shein virtual festival to benefit the COVID-19 Solidarity Response Fund for WHO on May 9, 2020.
Getty Images/Getty Images for Shein