Shein is one of the most phenomenal businesses to come up in the last decade

Another Chinese mega-success

- NEWME, a fashion brand for Gen Z women, has secured $18 million in a funding round led by Accel, with participation from Fireside Ventures and AUM Ventures. - The capital will be used to enhance the company's omnichannel presence and improve its supply-chain technology, according to CEO Sumit Jasoria. - NEWME plans to open 40-50 stores in 20 key cities, including Guwahati, Shillong, and Imphal, over the next 12-18 months. - The funding comes as more companies focus on the Gen Z market, with competitors like Lyskraft and major players like Flipkart and Myntra also targeting this demographic. - Accel's Anand Daniel highlighted the potential of D2C brands in India's retail sector, which is projected to reach $2.2 trillion by 2030. Source: Moneycontrol - tinyurl.com/29nkuujy

- Mukesh Ambani, Asia's richest man, is intensifying his efforts to dominate India's affordable fashion market by partnering with Chinese e-commerce giant Shein. - Tata Group's Trent Ltd. has seen a significant surge in sales and profits, driven by its fast-fashion brand Zudio, which appeals to young consumers with trendy, low-cost clothing. - Reliance Industries Ltd. has invested over $2 billion in its retail unit and raised an additional $6 billion from global investors, aiming for a blockbuster IPO. - Shein's reentry into the Indian market, facilitated by Reliance, could be a game-changer as Ambani seeks to capture the fast-fashion crown. - The competition between Ambani and Noel Tata is set to intensify, promising more choices for young Indian consumers in the under-$12 fashion segment. Source: [Business Standard](https://www.business-standard.com/companies/news/ambani-takes-shein-s-help-to-battle-tata-in-race-to-sell-affordable-fashion-124082000066_1.html)

Hello viners, Wanted your opinion guys. Does it make sense to buy expensive clothes from the likes of Uniqlo, Zara, Marks and Spencer? Or it is just a marketing gimmick and one should infact buy online for reasonable (read cheaper) prices? Want to understand the reality here.

Good thing that they got banned in India. Else would’ve destroyed local garment mfg and e-commerce companies

Stock clearance, mostly size 10 and less (for women) For men I'm didn't check I couldn’t get in my size but if it helps someone, cool! Original MRP 2000