Shein is about to return to India in a big way | CNN Business

The fast fashion giant is partnering with the retail arm of Mukesh Ambani’s Reliance Industries, a Shein spokesperson confirmed Friday. The tie-up with the richest man in the world’s most populous nation comes after Shein was banned by the Indian government in 2020 in a sweeping crackdown on Chinese companies. Little details were made public on Friday.

A powerful partner Its new partnership with Reliance Retail, which bills itself as the country’s largest retailer, could be a game-changer. Reliance has expanded aggressively in recent years, bringing in international brands such as 7-Eleven, Burberry, Muji and Pret-A-Manger. One of the company’s malls also recently welcomed a prominent new anchor tenant: Apple\n \n , which opened its first physical stores in India last month.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Target removing some LGBTQ merchandise following customer backlash | CNN BusinessTarget, which rolled out its Pride Collection at the start of May, is pulling some products from its stores after facing customer backlash, saying it was acting to protect employee safety, the company told Reuters on Tuesday.
Source: CNN - 🏆 4. / 95 Read more »

The US economy grew faster in the first quarter than previously reported | CNN BusinessUS economic growth in the first three months of the year was faster than previously estimated, the Commerce Department reported on Thursday.
Source: CNN - 🏆 4. / 95 Read more »

Virgin Galactic launches high-stakes flight carrying passengers to the edge of space | CNN BusinessVirgin Galactic — the space tourism company founded by British billionaire Richard Branson — has returned its supersonic plane to the edge of space for the first time since 2021, when Branson made his own venture toward the cosmos.
Source: CNN - 🏆 4. / 95 Read more »