Shein

“Timo Shine are spending money to attract buyers, and every Timo Shine buyer can become a vintage seller, and we're spending money to attract sellers of second-hand clothing. So for us, we're kind of like, just out of that storm. Like, so, so that storm just pa…”

“When you look at the fundamentals that completely changed the fashion industry over, let's say the last hundred years, then it's actually the people who consistently found new levels of efficiency in production and shipping. So the non-obvious is that shipping…”

“I mean, they're really competing against H and M and a lot of fast fashion Zara, like the fast fashion companies.”

“We're operating in more than 150 countries.”

“We wanted to embrace public diligence.”

“It's very low single digit.”

“It's not test. We actually make them, and we sell them. If you sell them well, you pump it up. If you don't sell them well, you know, you shut them down.”

“We have no debt. We have no assets.”

“If you want your business to thrive on a global scale, you have to become a local community business.”

“So these apparel things, we do make everything, not everything, most of the things we sell. But if it's a refrigerator, if it's a whole bunch of other things and electronics, so we're kind of getting into that.”

“United States.”

“We like to think our brand is selling for choices.”

“The Harris poll that we commissioned recently, the UK and the US, came back exactly that. You know, our customers wear our products longer and more often than others, other brands.”

“By the way, we have a huge, very, very grateful that we have a very good following in Saudi Arabia, for example.”

“I repeatedly calling us, ah, on demand fashion company, because we, you know, I think the image of fashion, Conjures up the change. If you have change, and you have too fast of a change, that kind of represents fickleness and if you change your mind before you…”

“We have the data to, the survey to say that's incorrect. But that doesn't mean that people don't throw it away. There are still that 10% of people, they still do.”

“We have exclusive suppliers. We also have non-exclusive suppliers. But all of them, if you want to onboard with us, you have to be on our supply chain software platform.”

“I think we are a grassroots business or you can call it grassroots movement company. And you know, every time you have grassroots and you would like to have some grass tops you know, that's what we've got. And they have intimate relationship with The group of …”

“We sell different things differently to different people in different countries. So, and then the trick obviously to automate everything.”

“It's automated.”

“We had, ah, younger generation Gen Z as our main customers. Ah, they grew up, and then they get married, and now we have kids. They have houses, and now we have pets. Ah, and we have home goods, arts and crafts, and we have many.”

“Probably impossible unless you are extremely lucky. No, human being, we're not machines. We don't allocate just perfectly.”

“Well, in the very beginning of the time that we paid more attention to the consumers, and I think to paying attention to stakeholders is a very important thing to do, and we should do it earlier and more often, and we still haven't done enough.”

“We do a lot more business in the rural areas, villages in UK than London, for example, and Paris, and the like, and America.”

“You know, we have a dynamic situation, as you know, that we're going, you know, doing, you know, there, there's a change going to happen. So it's not something I can really talk about right now.”

“We're profitable. We have growth.”

“Well, it's kind of 90% of the business at a time.”