Shein beat out its competitors

Shein, the biggest online retailer for womenswear, has acquired a third of Forever 21 operator SPARC Group, which also owns brands like Reebok, Brooks Brothers, and Eddie Bauer. As part of the deal, SPARC Group will have a minority stake in Shein. The news was first reported by The Wall Street…#sparcgroup #reebok #brooksbrothers #eddiebauer #shein #scale #tiktok #amazon

Source: Reuters: Health - August 25, 2023 Category: Consumer Health News Source Type: news