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Shenzhou International Group Holdings Limited is a Chinese clothing manufacturer. [1] [2] With over 97,000 employees, it produces more than 250,000 metric tons of fabric and 550 million garments annually. [1] The company works closely with NIKE, UNIQLO, adidas, PUMA, lululemon, and many others.
The textile industry in China is the largest in the world in both overall production and exports. [ 1] China exported $274 billion in textiles in 2013, a volume that was nearly seven times that of Bangladesh, the second largest exporter with $40 billion in exports. [ 2] This accounted for 43.1% of global clothing exports. [ 3]
Shein, originally named ZZKKO, was founded in China in 2008 by entrepreneur and search engine optimization (SEO) marketing specialist Chris Xu (Xu Yangtian). [11] [5] [12] Information on Xu's educational and career background remains elusive as of 2022, with sources conflicting on details of his biography.
Parent. Jining Ruyi Investment Co., Ltd. Website. chinaruyi.com. Shandong Ruyi Technology Group Co., Ltd is a Chinese textiles and clothing company. Founded in 1972 in Jining, China, it is a subsidiary of Jining Ruyi Investment Co., Ltd. [1] As of 2017, Ruyi Group was the largest textile manufacturer in China. [2]
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Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply ...
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