Shein has overtaken its fast-fashion rival Boohoo for sales.
Sales rose 38% to £1.55bn – some 30% more than Boohoo’s £1.09bn last year.
Shein opened a UK head office in Manchester last year, which is also home to Boohoo and PrettyLittleThing. It now employs around 33 people, primarily in the marketing department.
It is also considering a float on the London Stock Market, in a debut estimated to be worth £50bn.
The company has been at the centre of controversy over its use of cotton from the Xinjiang region of China and other issues related to workers’ rights and its vast supply chain.
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