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"The Woes of Shopping for Fashion Online with Companies Out of China"
written by @Tam Lawrence
In recent years, online fashion boutiques from China have gained significant popularity, offering seemingly affordable clothing options. However, beneath the allure of low prices lie several concerns that warrant our attention. It's worth noting that these companies often target black communities with their inexpensive fabrics, unlined garments, and disposable apparel. The question arises: are we inadvertently supporting businesses that don't reciprocate the support?
One striking aspect is the lack of substantial business interaction between China and African Americans. Despite outsourcing billions of dollars to support Chinese families, their country, and business ventures, it's important to recognize that China does not actively engage in business with African Americans. This raises questions about the equitable nature of this economic exchange.
To shed light on the scale of this issue, let's consider real data that reflects the growth of these online Chinese boutiques. Shein, an ultra-fast-fashion retailer, is reportedly seeking a valuation of up to $90 billion in its U.S. initial public offering (IPO). Although the exact timing of the IPO remains uncertain due to market volatility, it's clear that Shein is aiming for substantial growth. Despite facing allegations of using forced labor, Shein expects to achieve a net income of $2.5 billion this year, a significant leap from $137 million in 2019.
Furthermore, Shein has been expanding its presence by acquiring brands like British online retailer Missguided and exploring potential bids for established names like Topshop. The company's ambitious growth plans highlight its intention to become a major player in the global fashion industry.
What's intriguing is the disparity between support from foreign entities and African Americans' spending habits. While it's less common to witness foreign individuals actively supporting African American endeavors, African Americans consistently contribute more of their hard-earned money, benefiting those who are less inclined to do business with them. It's essential to recognize this imbalance and consider its long-term implications.
Shopping for cheap clothing from platforms like Shein or XplusWear.com can ultimately cost consumers more than they bargain for. These companies often offer no refunds or exchanges, leaving customers with subpar garments that fail to meet their expectations. To complicate matters further, some of these online stores strategically present themselves as U.S.-based businesses, making it challenging for consumers to discern their origins.
Read Entire Article Visit Exposure Magazine
https://iloveexposure.com/the-woes-of-shopping-for-fashion-online-with-companies-out-of-china/
Contact [email protected]
Media Partner: https://www.iloveexposure.com
Media Partner: https://www.exposure-magazine.com
Media Partner: https://www.exposureplustv.tv
Office: https://www.aartkingsleyllc.com
#health #wakeyouraskup
Contact [email protected]
Media Partner: https://www.iloveexposure.com
Media Partner: https://www.exposure-magazine.com
Media Partner: https://www.exposureplustv.tv
Office: https://www.aartkingsleyllc.com
#health #wakeyouraskup
View all episodes
By Tam Lawrence
5
44 ratings
written by @Tam Lawrence
In recent years, online fashion boutiques from China have gained significant popularity, offering seemingly affordable clothing options. However, beneath the allure of low prices lie several concerns that warrant our attention. It's worth noting that these companies often target black communities with their inexpensive fabrics, unlined garments, and disposable apparel. The question arises: are we inadvertently supporting businesses that don't reciprocate the support?
One striking aspect is the lack of substantial business interaction between China and African Americans. Despite outsourcing billions of dollars to support Chinese families, their country, and business ventures, it's important to recognize that China does not actively engage in business with African Americans. This raises questions about the equitable nature of this economic exchange.
To shed light on the scale of this issue, let's consider real data that reflects the growth of these online Chinese boutiques. Shein, an ultra-fast-fashion retailer, is reportedly seeking a valuation of up to $90 billion in its U.S. initial public offering (IPO). Although the exact timing of the IPO remains uncertain due to market volatility, it's clear that Shein is aiming for substantial growth. Despite facing allegations of using forced labor, Shein expects to achieve a net income of $2.5 billion this year, a significant leap from $137 million in 2019.
Furthermore, Shein has been expanding its presence by acquiring brands like British online retailer Missguided and exploring potential bids for established names like Topshop. The company's ambitious growth plans highlight its intention to become a major player in the global fashion industry.
What's intriguing is the disparity between support from foreign entities and African Americans' spending habits. While it's less common to witness foreign individuals actively supporting African American endeavors, African Americans consistently contribute more of their hard-earned money, benefiting those who are less inclined to do business with them. It's essential to recognize this imbalance and consider its long-term implications.
Shopping for cheap clothing from platforms like Shein or XplusWear.com can ultimately cost consumers more than they bargain for. These companies often offer no refunds or exchanges, leaving customers with subpar garments that fail to meet their expectations. To complicate matters further, some of these online stores strategically present themselves as U.S.-based businesses, making it challenging for consumers to discern their origins.
Read Entire Article Visit Exposure Magazine
https://iloveexposure.com/the-woes-of-shopping-for-fashion-online-with-companies-out-of-china/
Contact [email protected]
Media Partner: https://www.iloveexposure.com
Media Partner: https://www.exposure-magazine.com
Media Partner: https://www.exposureplustv.tv
Office: https://www.aartkingsleyllc.com
#health #wakeyouraskup
Contact [email protected]
Media Partner: https://www.iloveexposure.com
Media Partner: https://www.exposure-magazine.com
Media Partner: https://www.exposureplustv.tv
Office: https://www.aartkingsleyllc.com
#health #wakeyouraskup