{"id":13752,"date":"2022-04-13T15:47:53","date_gmt":"2022-04-13T13:47:53","guid":{"rendered":"https:\/\/lameche.net\/non-classifiee\/shein-the-ultra-fast-fashion-giant-has-just-raised-funds-worth-100-billion-euros\/"},"modified":"2024-03-28T15:51:13","modified_gmt":"2024-03-28T14:51:13","slug":"shein-the-ultra-fast-fashion-giant-has-just-raised-funds-worth-100-billion-euros","status":"publish","type":"post","link":"https:\/\/lameche.net\/en\/news-from-the-front\/shein-the-ultra-fast-fashion-giant-has-just-raised-funds-worth-100-billion-euros\/","title":{"rendered":"Shein, the ultra fast fashion giant, has just raised funds worth 100 billion euros."},"content":{"rendered":"<div  class=\"tatsu-ByZDWkLVN5 tatsu-section  tatsu-bg-overlay   tatsu-clearfix\" data-title=\"\"  data-headerscheme=\"background--dark\"><div class='tatsu-section-pad clearfix' data-padding='{\"d\":\"0px 0px 0px 0px\"}' data-padding-top='0px'>\n<p>The clothing giant rakes in the profits with its &#8220;test and repeat&#8221; model, but at what cost to those who produce its cheap lines &#8211; and to the planet? Fast fashion is designed to fit busy lives. Low prices invite minimal maintenance (it&#8217;s cheaper and quicker to throw a garment away than to wash and iron it), risk is low &#8211; or so it seems (buy in a hurry, without having to repent if the garment doesn&#8217;t fit), and convenience is unrivalled (swipe, click and answer the door).<\/p>\n<p>Thousands of affiliates and celebrities, who have the ear and eye of millions on social media, capitalize on the pressure exerted by the trend.<\/p>\n<p>Ultra-fast fashion has little to do with democratization and much more to do with profit for those at the top.<\/p>\n<p>We need to do away with the license to harm. Last week, the European Environment Agency announced a crackdown on fast fashion. The British government should follow suit. Governments, universities and businesses will need to work together to meet our collective responsibility to protect our planet and our industry for future generations. Nothing less than radical change is needed to avoid 4\u00b0C warming. There&#8217;s no life, let alone fashion, in this world.<\/p>\n<\/div><div class=\"tatsu-section-background-wrap\"><div class = \"tatsu-section-background\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-section-overlay\"><\/div><style>.tatsu-ByZDWkLVN5 .tatsu-section-offset-wrap{transform: translateY(-0px);}.tatsu-ByZDWkLVN5 > .tatsu-bottom-divider{z-index: 9999;}.tatsu-ByZDWkLVN5 > .tatsu-top-divider{z-index: 9999;}.tatsu-ByZDWkLVN5 .tatsu-section-overlay{mix-blend-mode: normal;}<\/style><\/div><div  class=\"tatsu-HkbBgf8NVq tatsu-section  tatsu-bg-overlay   tatsu-clearfix\" data-title=\"\"  data-headerscheme=\"background--dark\"><div class='tatsu-section-pad clearfix' data-padding='{\"d\":\"0px 0px 90px 0px\"}' data-padding-top='0px'><div class=\"tatsu-row-wrap  tatsu-wrap tatsu-row-one-col tatsu-row-has-one-cols tatsu-medium-gutter tatsu-reg-cols  tatsu-clearfix tatsu-S1lSlzIVNc\" ><div  class=\"tatsu-row \" ><div  class=\"tatsu-column  tatsu-bg-overlay tatsu-one-col tatsu-column-image-none tatsu-column-effect-none  tatsu-H1BeGINV9\"  data-parallax-speed=\"0\" style=\"\"><div class=\"tatsu-column-inner \" ><div class=\"tatsu-column-pad-wrap\"><div class=\"tatsu-column-pad\" ><div  class=\"tatsu-single-image tatsu-module tatsu-image-lazyload tatsu-B1FgM8ENq  \" ><div class=\"tatsu-single-image-inner \" style=\"width : 2560px;\" ><div class = \"tatsu-single-image-padding-wrap\" style = \"padding-bottom : 66.6796875%;\" ><\/div><img class = \"tatsu-gradient-border\" alt = \"Shein-Fast Fashion-Milliards-Financement-Mode\" title = \"Shein-Fast Fashion-Milliards-Financement-Mode\" data-src = \"https:\/\/lameche.net\/wp-content\/uploads\/2022\/04\/Shein-Fast-Fashion-Milliards-Financement-Mode-scaled.jpg\" src =\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=\"  \/><\/div><style>.tatsu-B1FgM8ENq .tatsu-single-image-inner{border-style: solid;max-width: 100%;}.tatsu-B1FgM8ENq.tatsu-single-image{transform: translate3d(0px,0px, 0);}<\/style><\/div><div  class=\"tatsu-module tatsu-inline-text clearfix tatsu-SJrbfLVNc   \" ><style>.tatsu-SJrbfLVNc .tatsu-inline-text-inner{width: 100%;text-align: left;}@media only screen and (max-width: 767px) {.tatsu-SJrbfLVNc .tatsu-inline-text-inner{width: 100%;}}<\/style><div class=\"tatsu-inline-text-inner tatsu-align-center\">\n<p>The Shein empire surpasses Zara and H&amp;M combined! Thanks to a new round of financing, it is now valued at $100 billion, making it the third most valuable start-up in the world. After fast fashion and ultra-fast fashion, Shein has just created a new segment: Real-time fashion, based on hyper-reactivity and low prices. A concept developed at the expense of the planet and its workers.<\/p>\n<p style=\"font-size: 16px; background-color: #ffffff;\">Fast fashion is designed to fit busy lives. Low prices invite minimal maintenance (it&#8217;s cheaper and quicker to throw a garment away than to wash and iron it), risk is low &#8211; or so it seems (buy in a hurry, without having to repent if the garment doesn&#8217;t fit), and convenience is unrivalled (swipe, click and answer the door). Added to this are thousands of affiliates and celebrities who capitalize on the imperative of being fashionable and the influence they have with millions of people on social networks.<\/p>\n<p style=\"font-size: 16px; background-color: #ffffff;\">The author of this article, Professor Dilys Williams, Director of the Centre for Sustainable Fashion at the London College of Fashion, insists that we&nbsp;must do away with the license to harm. The European Environment Agency has just announced a crackdown on fast fashion. Governments, universities and businesses will need to work together to meet our collective responsibility to protect our planet and our industry for future generations. Nothing less than radical change is needed to avoid 4\u00b0C warming. There&#8217;s no life, let alone fashion, in this&nbsp;world.<\/p>\n<\/div><\/div><div  class=\"tatsu-module tatsu-normal-button tatsu-button-wrap align-block block-center  tatsu-rJ6tzLN4q   \"><a class=\"tatsu-shortcode mediumbtn tatsu-button left-icon circular   bg-animation-none  \" href=\"https:\/\/www.theguardian.com\/fashion\/2022\/apr\/10\/shein-the-unacceptable-face-of-throwaway-fast-fashion\" style=\"\" aria-label=\"The Guardian (EN)\" target=\"_blank\" rel=\"noopener\">The Guardian (EN)<\/a><style>.tatsu-rJ6tzLN4q .tatsu-button{background-color: rgba(230,255,0,1);color: rgba(127,128,133,1) ;}<\/style><\/div><\/div><\/div><div class = \"tatsu-column-bg-image-wrap\"><div class = \"tatsu-column-bg-image\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-column-overlay tatsu-animate-none\" ><\/div><\/div><style>.tatsu-row > .tatsu-H1BeGINV9.tatsu-column{width: 100%;}.tatsu-H1BeGINV9.tatsu-column > .tatsu-column-inner > .tatsu-column-overlay{mix-blend-mode: normal;}.tatsu-H1BeGINV9 > .tatsu-column-inner > .tatsu-top-divider{z-index: 9999;}.tatsu-H1BeGINV9 > .tatsu-column-inner > .tatsu-bottom-divider{z-index: 9999;}.tatsu-H1BeGINV9 > .tatsu-column-inner > .tatsu-left-divider{z-index: 9999;}.tatsu-H1BeGINV9 > .tatsu-column-inner > .tatsu-right-divider{z-index: 9999;}@media only screen and (max-width:1377px) {.tatsu-row > .tatsu-H1BeGINV9.tatsu-column{width: 100%;}}@media only screen and (min-width:768px) and (max-width: 1024px) {.tatsu-row > .tatsu-H1BeGINV9.tatsu-column{width: 100%;}}@media only screen and (max-width: 767px) {.tatsu-row > .tatsu-H1BeGINV9.tatsu-column{width: 100%;}}<\/style><\/div><\/div><\/div><\/div><div class=\"tatsu-section-background-wrap\"><div class = \"tatsu-section-background\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-section-overlay\"><\/div><style>.tatsu-HkbBgf8NVq .tatsu-section-pad{padding: 0px 0px 90px 0px;}.tatsu-HkbBgf8NVq .tatsu-section-offset-wrap{transform: translateY(-0px);}.tatsu-HkbBgf8NVq > .tatsu-bottom-divider{z-index: 9999;}.tatsu-HkbBgf8NVq > .tatsu-top-divider{z-index: 9999;}.tatsu-HkbBgf8NVq .tatsu-section-overlay{mix-blend-mode: normal;}<\/style><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s make no mistake: blaming consumers is not the way to change the system. The incentive to buy is immense and, for many, irresistible. With this real-time model, the designer is obsolete, replaced by engineers and sophisticated software that enable brands to reduce production to just 10 days, screen-friendly garments designed for obsolescence, destined for the landfill.<\/p>\n<div><a href=\"https:\/\/lameche.net\/en\/news-from-the-front\/shein-the-ultra-fast-fashion-giant-has-just-raised-funds-worth-100-billion-euros\/\" class=\"exp-read-more exp-read-more-underlined\">Read More<\/a><\/div>\n","protected":false},"author":3,"featured_media":12267,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[38],"tags":[],"class_list":["post-13752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-from-the-front"],"_links":{"self":[{"href":"https:\/\/lameche.net\/en\/wp-json\/wp\/v2\/posts\/13752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lameche.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lameche.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lameche.net\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/lameche.net\/en\/wp-json\/wp\/v2\/comments?post=13752"}],"version-history":[{"count":1,"href":"https:\/\/lameche.net\/en\/wp-json\/wp\/v2\/posts\/13752\/revisions"}],"predecessor-version":[{"id":13770,"href":"https:\/\/lameche.net\/en\/wp-json\/wp\/v2\/posts\/13752\/revisions\/13770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lameche.net\/en\/wp-json\/wp\/v2\/media\/12267"}],"wp:attachment":[{"href":"https:\/\/lameche.net\/en\/wp-json\/wp\/v2\/media?parent=13752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lameche.net\/en\/wp-json\/wp\/v2\/categories?post=13752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lameche.net\/en\/wp-json\/wp\/v2\/tags?post=13752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}