Category: fast-fashion

Shein made $2 billion in profits last year. That’s a lot of fast fashion.

Shein more than doubled its profits for the 2023 fiscal year, The Financial Times reported. Mauricio Santana/Getty Images Shein, the Chinese fast-fashion brand, raked in $2 billion in profits in 2023, FT reported. That beats the fiscal year of rival fast fashion company H&M. Many of Shein’s customers are Gen Zers and millennials who say they’re environmentally conscious. It appears we consumed quite a bit…