CNA938 Rewind - Chinese fashion powerhouses are now buying up Western retail icons
Shein’s reported US$100 million acquisition of US apparel label Everlane is more than just another fashion deal – it marks a broader shift in global retail power. Chinese-born brands that once competed on price and speed are now buying established Western names with loyal customer bases and premium positioning. From disruption to consolidation, Andrea Heng and Hairianto Diman look at how the balance of influence in global fashion is rapidly changing. For that, they speak with Shiv Choudhury, Board Member & Advisor, Retail and Beauty Businesses.