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The company had an estimated value of $66 billion, [21] a drop from the estimated $100 billion in value in 2022, according to The Wall Street Journal. [25] In February 2023, Marcelo Claure was appointed chair of the Latin American operations of Shein. [ 26 ]
After PDD Holdings tanked in August, Huang’s net worth plummeted a staggering $14.1 billion to $33.5 billion, the Bloomberg Billionaires Index shows. As of Dec. 11, he was worth $36.8 billion ...
Shein acquired one-third of Forever 21’s parent company in 2023, ... the company’s cofounders had a combined net worth of $5.9 billion with 750 stores across the U.S.
Huang rose seven places on Hurun's annual list of China's wealthiest people, ... Chinese e-commerce company, the fast fashion-oriented Shein. ... $35 billion since his peak net worth of $58.8 ...
Inditex is a large brand with a new worth of $17.2 billion. [24] With their abundance of wealth, it is expected that this company produces greener. Inditex has targets to source fabrics more sustainably by 2025 and to have nothing sent to the landfills by 2023. [ 23 ]
From currently unnecessary disambiguation: This is a redirect from a page name that has a currently unneeded disambiguation qualifier.Examples are: Jupiter (planet) Jupiter (unnecessary parenthetical qualifier)
Investigators have accused Shein of forcing workers to work 16-hour days, withholding wages, and utilizing child labor, some of which the Singapore-based company has admitted to.
The following is a list of all people who have lost over US$50 billion of net personal wealth in a one-year period. Many of these losses were due to a change in value tied to stock ownership, and so were unrealized losses.