Shein partners with Reliance to re-enter Indian market (2024)

Under the licensing agreement, RRVL will leverage Shein’s technology and trademarks in India.

May 22, 2023

Shein partners with Reliance to re-enter Indian market (1)

China-based online fashion retailer Shein has signed a licencing agreement with Reliance Retail to re-enter the Indian market.

The Economic Times reported that Reliance’s retail arm, Reliance Retail Ventures Limited (RRVL), will leverage Shein’s technology and trademarks as part of the agreement.

The publication also reported that the partners would develop an e-commerce retail platform for Indian consumers that will offer Shein-branded products,

The partnership could enable Shein to shift 25% of its sourcing to India. The company currently sources 93% from China.

The Indian government banned the online clothing brand alongside 59 other apps after tensions between India and China escalated in 2020.

However, the company continues to offer products online through e-commerce platforms such as Amazon, reported Mint.

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Shein partners with Reliance to re-enter Indian market (6)

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Meanwhile, government officials have stated that the partnership does not require foreign direct investment (FDI) approval.

Mint quoted a government official as saying: “Ownership and control of the platform will remain with the RRVL subsidiary, a 100% Indian firm. The agreement says that an Indian app, which will be built by RRVL, will have a wall between the domestic and global app. If in the future, investment comes from Shein India, Press Note 3 would be applicable.

“RRVL has only bought the licence and the platform. The agreement between the company says that the profits will be shared when this subsidiary makes profit.”

Earlier this month, RRVL acquired Metro’s Indian business for €300m ($327.19m).

Shein partners with Reliance to re-enter Indian market (7)

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Shein partners with Reliance to re-enter Indian market (2024)

FAQs

Is Reliance bringing Shein back in India? ›

Last month it was reported that Shein is making its second entry in the country in partnership with Reliance Retail three years after its ban in India. The company secured an approval from the Indian government for its partnership with Reliance Industries.

Which company is Shein partnering to re-enter India? ›

Almost three years after getting banned in India, Chinese online fast fashion brand Shein is re-entering India in partnership with the country's leading retailer Reliance Retail, said industry sources.

Is Shein available in India again? ›

Shein has returned to India after being banned three years ago, but it must follow some strict rules as part of a licensing deal with Reliance Industries, Bloomberg reported. The fast fashion retailer, now headquartered in Singapore, will cede its Indian business to Reliance's retail arm.

Who bought Shein in India? ›

The agreement reportedly stipulates that Shein garments sold in India will be manufactured in India and retailed by Reliance, with Shein receiving a percentage of profits.

What is the issue with Shein in India? ›

Shein was among a slew of Chinese apps that India banned in 2020 following deadly clashes between the two countries' soldiers along their disputed Himalayan border.

Can I order from Shein USA to India? ›

After following these quick steps below, you'll be able to ship from Shein US to Australia, Canada, the UK, India, Germany, Brazil, Singapore, Japan, Israel, South Korea, or any other country*!

Is Shein delivering in India after ban? ›

Shein, the Chinese online fast fashion behemoth, is re-entering the India market after a nearly three-year ban, with the assistance of a strategic alliance with Reliance Retail.

Who has partnered with Shein? ›

A recent alliance between Shein, an emerging e-fashion giant, and Forever 21, a well-established brand, exemplifies this trend. This strategic partnership represents a significant shift in the global fashion industry.

Where do Shein products come from in India? ›

Manufacturing. Originally, Shein did not design its clothes. The company mainly sourced its clothing from China's wholesale clothing market in Guangzhou. However, Shein became a fully integrated retailer in 2014 when it secured its supply chain system.

Why is SHEIN so cheap? ›

Outsourcing labor

That's why the clothes cost so little.” Most fast-fashion companies don't own the factories that manufacture their clothes, Thomas noted. Shein works with a network of some 6,000 clothing factories in China, TIME reported.

Can I order from SHEIN after banned? ›

Complete Ban:

In a less common scenario, a country might completely ban SHEIN, including its website and any operations within the country. In this case, placing new orders would likely not be possible.

What is similar to SHEIN in India? ›

Here are ten of the best alternatives to Shein in India, including their origin, history, highlights, and number of stores in India.
  • Ajio. ...
  • Myntra. ...
  • Koovs. ...
  • Lulu & Sky. ...
  • FabAlley. ...
  • Street Style Store (SSS) ...
  • Limeroad. ...
  • StalkBuyLove.
May 23, 2024

What is the old name of Shein? ›

Shein, originally named ZZKKO, was founded in China in 2008 by Chris Xu. The domain SheInside.com was registered in March 2011, presenting itself as a global leader in wedding dresses but also offering a range of women's clothing.

Who owns Shein USA? ›

Who owns Shein? Shein is owned by parent company Nanjing Lingtian Information Technology, although the company's ownership is frequently branded a mystery. It remains a private company, with four major shareholders so far: JAFCO Asia, IDG Capital, Sequoia Capital China, and Tiger Global Management.

Does Shein ship to India in 2024? ›

Yes, SHEIN does ship to India! Get ready to revamp your wardrobe with their trendy and affordable styles. Happy shopping!

Is Reliance taking over Sephora in India? ›

The Indian retail group has acquired Arvind Beauty Brands Retail, which includes Sephora rights, and is now eyeing expansion in the growing market.

Why is Shein India website not working? ›

The Short Answer. Shein faced a setback in India when the government banned the app along with several other Chinese apps over privacy and security concerns.

What is similar to Shein in India? ›

Here are ten of the best alternatives to Shein in India, including their origin, history, highlights, and number of stores in India.
  • Ajio. ...
  • Myntra. ...
  • Koovs. ...
  • Lulu & Sky. ...
  • FabAlley. ...
  • Street Style Store (SSS) ...
  • Limeroad. ...
  • StalkBuyLove.
May 23, 2024

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