Shein to re-enter India in partnership with Reliance Retail
The Hindu
Almost three years after getting banned in India, Chinese online fast fashion brand Shein is re-entering India in partnership with the country’s leading retailer Reliance Retail.
Almost three years after getting banned in India, Chinese online fast fashion brand Shein is re-entering India in partnership with the country's leading retailer Reliance Retail, said industry sources.
Shein was one of the apps, which was banned by the Ministry of Electronics and Information Technology in June 2020 after tension with China escalated on the Himalayan borders.
Now Shein has partnered with Reliance Retail and will operate through the retail arm of Mukesh Ambani's Reliance Industries to tap one of the fastest growing fash fashion markets globally.
An e-mail sent to Reliance Retail over the development remained unanswered by the time of filing of the story.
Shein, which is facing scrutiny in some markets as U.S. over-sourcing would utilise the opportunities available here. It will be sourcing for Shein's global operation for the middle east and other markets, the source added.
Reliance Retail, which has a vast portfolio of fashion brands in its kitty, would also get benefitted.
As part of the agreement, Shein could use Reliance Retail's sourcing capabilities, warehousing and logistics infrastructure along with the retailer's huge portfolio of online and offline stores.