Shein to invest nearly USD 150 million in local production in Brazil
What: The online fast fashion retailer is set to invest 750 million reais (USD 148.85 million) in Brazil to establish a network with thousands of textile manufacturers in the country.
Why it is important: The company intends to partner with 2,000 manufacturers which should generate around 100,000 jobs over the next three years.
Shein to invest nearly USD 150 million in local production in Brazil
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