LONDON (BLOOMBERG) - On May 17, Shein - pronounced "she-in" - ended Amazon's 152-day streak as the most downloaded shopping app in the United States, a remarkable feat for any seven-year-old clothing brand, let alone one most Americans over the age of 30 still have not heard of.
The kids, though, are all over it. As with so many online phenomena, Gen Z and young millennial shoppers have propelled Shein's rise, in thrall to the company's never-ending, always-changing catalogue of clothes at prices that stretch even the most meagre allowance.
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