Is the era of ultra fast-fashion over? Shein’s stock market stumble

Sep 6, 2026
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A Shein logo in a department store with clothes racks in the foreground.

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Shein transformed the fashion industry with a model built on extraordinarily cheap clothes and thousands of new styles released each week. 

But after a lacklustre debut on the Hong Kong stock exchange, the fast fashion giant’s shares have fallen below their listing price, and a long way from the company’s previous valuation of US $100 billion. 

Guest: Timothy McLaughlin, journalist and contributing writer for The Atlantic. 

Image Details

Clothes by Chinese company Shein hang in the BHV (Bazar de l’Hotel de Ville) general store, ahead of the Shein stand opening, Tuesday, Nov. 4, 2025 in Paris. (AP: Aurelien Morissard)

Fashion, Women’s Fashion, Stock Market, Economic Trends and Indicators

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