Assuming this to be accurate, Shein would have outpaced H&M, which posted sales of $22 billion in 2022 and matched Inditex, which recorded $32 billion in sales. Data for the year 2023 are not yet ...

The retailer’s gross merchandise value soared to approximately $45b last year. Shein has solidified its position as the leading apparel retailer worldwide, according to a report by GlobalData.