About this Event
By combining Asian sweatshops and Gen Z consumers, Shein turned fast fashion into ultra fast fashion. As a result, it dominates the industry, leading the forefront of e-commerce.
In a follow-up to her insightful article, t3n Journalist Insa Schniedermeier joins us onstage to moderate a conversation with fashion leaders, experts and sustainability advocates about how slow and sustainable fashion can take on the giants.
By the numbers, Shein has:
- 44 million users: The number of active shoppers is said to have been 43.7 million in 2021
- 6,000 styles a day: Shein updates their website with thousands of new styles every day. Wired estimates the number of new fashion items at 6,000 a day.
- $16 billion profit: The fast fashion giant has quadrupled its profits to $15.7 billion in the last three years. Shein has now overtaken H&M and Zara. Shein is said to be valued at $100 billion after a new round of funding.
It's scary that a company like Shein, despite greenwashing, inhumane working conditions, and product piracy, can have such a meteoric rise today.
Will this ultra fast fashion giant ever be stopped? Can the fashion industry still be saved?
Agenda
18:30 - 19:00 Doors Open
19:00 - 20:00 Panel Discussion
20:00 - 20:15 Audience Q&A
20:15 - 21:00 Networking
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Event Venue & Nearby Stays
Factory Berlin Görlitzer Park, Lohmühlenstraße 65, Berlin, Germany
EUR 0.00