Donald Tang is the Executive Chairman of SHEIN. He details SHEIN's core supply chain model for apparel while disclosing the platform's move into broader retail categories like electronics and home appliances.
“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.”
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More from Donald Tang
AssertionNot checkable as stated
Tang: SHEIN survey data shows only 10% throw away clothes after one use
“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.”
Donald TangSep 30, 2024▶ 38:02Donald Tang: How SHEIN Got So Big So Fast - The Fastest Growing Company in History | E1208 · 20VC with Harry Stebbings
Disclosure
Tang: SHEIN is pursuing an IPO to embrace public diligence and oversight
“We wanted to embrace public diligence.”
Donald TangSep 30, 2024▶ 41:06Donald Tang: How SHEIN Got So Big So Fast - The Fastest Growing Company in History | E1208 · 20VC with Harry Stebbings
AssertionSupported
Tang: SHEIN is currently profitable and growing
“We're profitable. We have growth.”
Donald TangSep 30, 2024▶ 21:45Donald Tang: How SHEIN Got So Big So Fast - The Fastest Growing Company in History | E1208 · 20VC with Harry Stebbings
“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.”
Donald TangSep 30, 2024▶ 24:51Donald Tang: How SHEIN Got So Big So Fast - The Fastest Growing Company in History | E1208 · 20VC with Harry Stebbings
Disclosure
Tang: SHEIN made a mistake by neglecting regulators when entering US
“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.”
Donald TangSep 30, 2024▶ 30:36Donald Tang: How SHEIN Got So Big So Fast - The Fastest Growing Company in History | E1208 · 20VC with Harry Stebbings
Disclosure
Tang: SHEIN launches styles in initial batches of 100-200 pieces
“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.”
Donald TangSep 30, 2024▶ 13:48Donald Tang: How SHEIN Got So Big So Fast - The Fastest Growing Company in History | E1208 · 20VC with Harry Stebbings
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