SHEIN Exchange , What is it?

SHEIN Exchange , What is it?

Recently, it was revealed that the SHEIN store had launched a new online reselling platform.

Recently, it was announced that the SHEIN store had launched a new online resale platform, which is to buy and sell products of its brand that have been previously purchased.

The new feature, called ” Shein Exchange “, simplifies the reselling process by making it easy for sellers to list their items through a simple interface that includes previous SHEIN purchases.

It also promotes the advantages of buying second-hand clothing over buying new items.

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The platform , created in collaboration with Treet, is currently available to all US customers and is scheduled to be expanded to other markets globally in the coming year.

At Shein, we believe it is our responsibility to build a fashion future that is equitable for all, while accelerating solutions to reduce textile waste,” said Adam Whinston, Global Head of ESG at Shein.

The goal of Shein Exchange, they say, is to make reselling as easy and convenient as buying something new while at the same time starting a cultural movement of circularity within our own SHEIN community .

We’re calling on our community to mobilize and keep the clothes you’ve already owned in circulation for as long as possible. Leveraging the reach and influence of our growing community, we believe resale buying can become the new normal for our industry,” he said.

It is important to mention that the company , which has been criticized for its poor labor practices and fast fashion waste issues, has stated that the pilot project is part of its broader commitment to address ongoing textile waste issues and build a future of fashion that is more circular.

In addition, the platform also follows the launch of Facebook groups and community-created social platforms, where SHEIN fans have communicated their interest in resale destinations where they can buy and sell previously purchased SHEIN products.

On the other hand, it was recently revealed that SHEIN will have to pay a multi-million dollar fine for not notifying its clients that someone stole their data.

The fine has been imposed on Zoetop, SHEIN’s parent company, and applies only to cases where New York resident users were not notified.

The security incident was not properly reported, according to a notice from the state attorney general’s office, previously reported by Techcrunch

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Shein’s app works to create an addictive user experience, which ensures consumers are regularly checking and browsing the app.Shein has begun collaborating with celebrities like Katy Perry, Khloé Kardashian, Lil Nas X and Bahraini celebrity Almahra, creating Key Opinion Leaders (KOLs) who create clothing lines, perform at event – essentially boosting the company’s relevance in specific markets.

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The last time the fashion industry enjoyed such a revolution was the 90’s, when Amancio Ortega founded Inditex, the fashion conglomerate that made him the 10th richest person in the world.

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