fashion

Shein, Chinese fast-fashion site, growing popular with American teens

  • Shein, a Chinese fast-fashion retailer, is taking off with American teens.
  • It came in second on a ranking of upper-income teens’ favorite websites, according to Piper Sandler’s “Taking Stock With Teens” survey. 
  • Shein has said that it adds 500 new fashion items to its website every day. 
  • Some of its recent products have faced backlash, however.
  • Visit Business Insider’s homepage for more stories.

A Chinese fast-fashion retailer is exploding in popularity with American teens. 

Shein, which was founded in Nanjing in 2008, came in second only to Amazon in a ranking of teens’ favorite e-commerce sites in Piper Sandler’s latest “Taking Stock With Teens” survey. 

While Amazon has a large lead — 54% of teens from upper-income households said it was their favorite e-commerce site, versus 5% for Shein — the Chinese retailer beat out American mainstays like Nike, PacSun, and Urban Outfitters. 

Shein was also first on the list

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Tesla to Cut Price on Chinese Model 3 With CATL Battery

(Bloomberg) — Tesla Inc. is set to launch its first Model 3 sedan equipped with cheaper batteries in China as soon as Thursday, allowing it to cut the cost of vehicles and boost sales in the world’s largest electric-vehicle market, people familiar with the matter said.

The mass-market Model 3s with the new batteries from a Chinese supplier will sell for 249,900 yuan ($36,800) after government subsidies, bringing the starting price of Tesla’s basic model down by almost 10%, one of the people said. The cheapest current models are 271,550 yuan after subsidies.



a person standing in front of a building: China Weighs Cuts to Electric-Car Subsidies It Just Extended


© Bloomberg
China Weighs Cuts to Electric-Car Subsidies It Just Extended

An advertisement for the Tesla Model 3 is displayed at a dealership in Shanghai.

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Photographer: Qilai Shen/Bloomberg

Tesla’s new powertrains are expected to include a cobalt-free lithium iron phosphate (LFP) battery made by Ningde, Fujian-based Contemporary Amperex Technology Co. Ltd. The battery has a

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China Cittaslow builds “Gaochun model” in ten years, demonstrating Chinese quality

NANJING, China, Sept. 30, 2020 /PRNewswire/ — In July 2010, Angelo Vasaro, the then vice president of the International Cittaslow Alliance, visited Gaochun. He couldn’t help but sigh, “This is really like a slow city.” This is China’s first Cittaslow, Yaxi, Gaochun. In November 2010, Gaochun Yaxi’s “Ecological Journey” passed the certification of the International Cittaslow Alliance, and since then started the “sinicization” of Cittaslow, according to Gaochun International Cittaslow Administrative Committee.

Golden Flower Sea of Gaochun International Cittaslow
Golden Flower Sea of Gaochun International Cittaslow

After ten years of development, Gaochun took “slow” as its soul and formed the concept of “Cittaslow” of “taste slow life and share happiness”, and cultivated the “Mountain Cittaslow” in the east, “Cultural Cittaslow” in the middle, and “Watery Cittaslow” in the west. “Slow” has become Gaochun’s unique landscape and characteristic competitiveness, realizing a whole-region eco-tourism pattern with mountains, greenery, and water systems.

After ten years of

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