Shein acquires ~33% of Forever 21 parent Sparc, and Sparc takes a minority stake in Shein, allowing Shein to sell Forever 21 items and operate inside its stores (Suzanne Kapner/Wall Street Journal)
Shein acquires ~33% of Forever 21 parent Sparc, and Sparc takes a minority stake in Shein, allowing Shein to sell Forever 21 items and operate inside its stores — Online fashion giant invests in company that operates retailer, paving way to sell its products — Shein and Forever 21 may soon be fast-fashion friends.
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Shein acquires ~33% of Forever 21 parent Sparc, and Sparc takes a minority stake in Shein, allowing Shein to sell Forever 21 items and operate inside its stores (Suzanne Kapner/Wall Street Journal)
![Shein acquires ~33% of Forever 21 parent Sparc, and Sparc takes a minority stake in Shein, allowing Shein to sell Forever 21 items and operate inside its stores (Suzanne Kapner/Wall Street Journal)]()
Reviewed by swadu
on
August 24, 2023
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