Post by account_disabled on Mar 10, 2024 2:26:29 GMT -5
A bodysuit for six euros; a blazer, nine; a pair of ankle boots, 15. With only 30 euros you can put together a look at Shein, the Chinese online fashion store that is sweeping among young people (and not so young) in Spain. We asked a 16-year-old girl: "Martina, do all your friends shop at Shein?" The answer leaves no room for doubt: "All of Spain buys from Shein." The diversity of models at low prices has made this Chinese company grow, which exploded in 2020 during the pandemic and has only grown worldwide. So much so that Shein has started the procedures to go public in the United States. It is an operation that has been rumored for months, but now, according to The Wall Street Journal , those rumors have become reality . If so, Shein will become one of the most valuable firms to be listed on the stock market with a value of around $90 billion. Should we invest and buy shares? To buy and sell shares on the United States stock market you have to use the services of a broker, individuals or companies whose function is to buy those shares.
Brokers make money by charging commissions for each operation, but the advantage is that many of the largest and most influential companies globally are listed on the United States stock exchange , such as Bahamas Mobile Number List Apple, Microsoft, Amazon, and Meta. It is important to choose a regulated and trustworthy broker. “ Chinese companies usually give a lot of respect because the language barrier is tough. Although if they are listed in the United States they will have to meet the requirements of US regulations,” a financial expert tells us. Shein, of course, points out ways; so much so that Inditex itself began to see it as a threat: "If Inditex, which is the best textile company in the world, sees Shein as a threat, it will have to be taken seriously," continues our confidant. At this point it is still not known if the share price will be good or if the investment is interesting, so experts ask for caution. The ultra-fast fashion giant was born in China but Europe and the United States are the main consumers of all the products that leave its manufacturing workshops in Asia.
The impact of the firm on the European and North American economy is so powerful that in previous years it has had more sales than Amazon in the United States and a greater value than Zara and H&M combined. It would be the biggest leap onto the American stock market for a Chinese company. Shein has had more sales than Amazon in the United States and is worth more than Zara and H&M combined. Over the last year, the company has opened distribution centers in the United States, Canada and Europe, to speed up shipping times (in Spain it takes 7 to 10 days, much longer than Amazon). And it has expanded manufacturing by establishing centers in Brazil, Türkiye and India. With respect to the Latin American market, it is controlled through Mexico, as Marcelo Claude, president of the company for Latin America, told Forbes Mexico last June: “ Shein has been a total success and that is a perfect example of a company from Asia that wants to come to Latin America , where it is a 100% technology company, where you can design, manufacture and deliver in less than seven days, advanced logistics; "Mexico is a very important market and Brazil is also a very important market.
Brokers make money by charging commissions for each operation, but the advantage is that many of the largest and most influential companies globally are listed on the United States stock exchange , such as Bahamas Mobile Number List Apple, Microsoft, Amazon, and Meta. It is important to choose a regulated and trustworthy broker. “ Chinese companies usually give a lot of respect because the language barrier is tough. Although if they are listed in the United States they will have to meet the requirements of US regulations,” a financial expert tells us. Shein, of course, points out ways; so much so that Inditex itself began to see it as a threat: "If Inditex, which is the best textile company in the world, sees Shein as a threat, it will have to be taken seriously," continues our confidant. At this point it is still not known if the share price will be good or if the investment is interesting, so experts ask for caution. The ultra-fast fashion giant was born in China but Europe and the United States are the main consumers of all the products that leave its manufacturing workshops in Asia.
The impact of the firm on the European and North American economy is so powerful that in previous years it has had more sales than Amazon in the United States and a greater value than Zara and H&M combined. It would be the biggest leap onto the American stock market for a Chinese company. Shein has had more sales than Amazon in the United States and is worth more than Zara and H&M combined. Over the last year, the company has opened distribution centers in the United States, Canada and Europe, to speed up shipping times (in Spain it takes 7 to 10 days, much longer than Amazon). And it has expanded manufacturing by establishing centers in Brazil, Türkiye and India. With respect to the Latin American market, it is controlled through Mexico, as Marcelo Claude, president of the company for Latin America, told Forbes Mexico last June: “ Shein has been a total success and that is a perfect example of a company from Asia that wants to come to Latin America , where it is a 100% technology company, where you can design, manufacture and deliver in less than seven days, advanced logistics; "Mexico is a very important market and Brazil is also a very important market.