Shein valued at $100BN

The Chinese fast fashion brand, Shein has reached $100bn in value. Shein fully operates as an e-commerce business, offering a range of products from clothing to accessories at affordable prices. With its immense popularity, the company has grown exponentially and now operates in 150 countries. Overall, this huge valuation means that it may be worth more than high street retailers, such as H&M and Zara.

Primark refurnished website

The Irish multinational fast-fashion retailer, Primark has launched a new website with an advanced feature, allowing customers to check for product availability in stores. In the past, customers have been able to browse through products, but would be left with uncertainty as to whether the items are in stock. However, Primark is yet to provide more accessibility for consumers, as there is no option to purchase items for delivery or click and collect.

Sainsbury increases pay

Following the pressure of shareholders, the supermarket giant will be raising pay for some of its London staff. Workers will be paid an hourly rate of £11.05 which is the Voluntary Real Living Wage. With the cost of living on the rise, this implementation will help staff manage their expenses for the years to come. Furthermore, other competitors have also increased their staff wages, such as Tesco and Morrison’s.

By Rukiyya Shah