Estimations revealed that the fast fashion giant Shein generated an annual revenue of **** billion U.S. dollars in 2023. This is a significant increase since 2016, when the company supposedly reached a revenue of *** million U.S. dollars. Shein's benchmarks Among unicorn companies, or privately held companies with a market value at least *** billion U.S. dollars, Shein ranked in the top five with the highest valuations worldwide, totalling ** billion U.S. dollars in 2024. As a direct to consumer e-commerce unicorn, the company was ranked first as of December 2023. Additionally, when looking at the ranking of leading online stores in the fashion segment, Shein ranked second globally, further proving their widespread success as an e-commerce business. Who likes Shein? Who likes Shein? By the end of 2023, shein.com was the most popular fashion and apparel website worldwide by share of visits, followed by Nike and Macy’s websites. The age group that seemed to prefer using shein.com the most were the consumers between 25 and 34 years old, which accounted for over ** percent of global site visits. Of these consumers, the majority were women, making up over ** percent of visits.

Chinese discount ecommerce app Temu has taken the United States and United Kingdom by storm, as the newest Chinese-based challenger aiming to saturate the market with products at under half the price...

In 2024, the fast fashion marketplace Shein generated net sales worth 1.7 billion U.S. dollars in ranking as the leading fashion online store in Italy. Zalando was also in the top ten with 544 million U.S. dollars, folllowed by Amazon with 507 million U.S. dollars that year.

In 2024, amazon.it led the Italian e-commerce market, with e-commerce net sales of worth 6.9 billion U.S. dollars generated in 2024. Shein followed with 1.6 billion U.S. dollars.

The leading e-shop by revenue in Czechia was alza.cz, generating nearly 1.5 million U.S. dollars in 2024. It was followed by rohlik.cz and shein.com. These top performers highlight the strong demand for electronics, groceries, and fashion in the Czech e-commerce market. Dominance of Alza Czech e-commerce is dominated by Alza. It is an online store operating mainly in Czechia and Slovakia since 2014. It is one of the largest online electronics retailers that sells products from various categories. Alza.cz is the leader of the e-commerce market, the great success of alza.cz is also evident from the relatively rapid increase in annual turnover since its inception. Online shops Czechs shop online for all sorts of goods, which is why there are many other e-shops besides alza.cz. For example, the fashion segment is dominated by shein.com and aboutyou.cz, and the food and personal care segment is led by notino.cz.