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So the rumours were true.
Five years after it was banned, Chinese fast-fashion platform is all set to be relaunched in India through a partnership with Reliance. For all practical purposes, this translates to Reliance “owning” Shein in India now.
But while at first this may seem like a win for Reliance, there's more to this deal than meets the eye. Think about it — If you take Shein and if you remove the supply chain, and the manufacturing and its social media partner, what is left?
Is it even Shein?
Tune in.
Welcome to the audio edition of The Ken’s popular weekend newsletter, The Nutgraf. Every Saturday, author and host Praveen Gopal Krishnan reads aloud his latest edition where he synthesizes and tells a story about the most interesting thing that happened that week in India’s business, tech and startup scene.
From original podcasts to writer-narrated versions of our subscriber newsletters, you can now listen to The Ken each day. Discover them all at the-ken.com/podcasts. You can also subscribe to The Ken Premium on Apple Podcasts for an easy monthly price (Rs 299 in India). The channel will include ALL our premium podcasts and audio.
So the rumours were true.
Five years after it was banned, Chinese fast-fashion platform is all set to be relaunched in India through a partnership with Reliance. For all practical purposes, this translates to Reliance “owning” Shein in India now.
But while at first this may seem like a win for Reliance, there's more to this deal than meets the eye. Think about it — If you take Shein and if you remove the supply chain, and the manufacturing and its social media partner, what is left?
Is it even Shein?
Tune in.
Welcome to the audio edition of The Ken’s popular weekend newsletter, The Nutgraf. Every Saturday, author and host Praveen Gopal Krishnan reads aloud his latest edition where he synthesizes and tells a story about the most interesting thing that happened that week in India’s business, tech and startup scene.
From original podcasts to writer-narrated versions of our subscriber newsletters, you can now listen to The Ken each day. Discover them all at the-ken.com/podcasts. You can also subscribe to The Ken Premium on Apple Podcasts for an easy monthly price (Rs 299 in India). The channel will include ALL our premium podcasts and audio.