How China's fast-fashion app Shein beat Uniqlo's market value

Network of local suppliers and focus on overseas markets pay off

TOMOKO WAKASUGI and TAKASHI KAWAKAMI, Nikkei staff writers

SHANGHAI/GUANGZHOU -- Shein's unconventional approach has propelled the Chinese fast-fashion app to a market value far surpassing that of its closest competitors Uniqlo and Zara.

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