Today, Explained cover image

Today, Explained

Shein wants to go public

Dec 21, 2023
26:06
Snipd AI
Explore the controversies surrounding Shein's fast fashion business model, labor practices, and concerns about sustainability and human rights issues in the supply chain. Discover the behavior of Shein, including accusations of design theft and potential congressional action. Hear about a crochet designer's experience of having her design stolen and the lawsuit against Shein for design theft.
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Podcast summary created with Snipd AI

Quick takeaways

  • Shein uses reactive technology-based algorithms to quickly pick up on social media trends and produce garments accordingly, but faces criticism for labor practices and lack of sustainability.
  • Shein's business model relies on design theft and mass production of similar designs, leveraging technology to stay ahead of competitors, but lacks transparency and faces demands for investigations.

Deep dives

The Phenomenon of Xi'in: Beloved and Hated

Xi'in is rapidly growing and valued at $66 billion, larger than H&M and Zara combined. It achieves this by leveraging reactive technology-based algorithms to quickly pick up on social media trends and produce garments accordingly. Xi'in uploads around 10,000 products a day. One example of their trend-spotting is the popularity of parachute pants among Gen Z, which they quickly embraced and mass-produced. However, Xi'in faces criticism for its labor practices, with accusations of forced labor and sourcing from regions associated with human rights abuses. Sustainability is another concern, as the company's fast and cheap fashion approach undermines environmental considerations.

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