What is Shein?
Shein (formerly SheInside), was established in Nanjung, China in October 2008. It was founded with the belief that everyone can experience the beauty of fashion. Shein’s goal is to provide customers with trendy styles at an affordable price.
Chris Xu, a Washington University graduate, sold his wedding dress business in 2012 to purchase the domain Sheinside.com. In 2015, he rebranded as Shein to focus on international markets. The fast-fashion brand now has websites for customers located in the United States, Spain France, Russia Germany, Italy, Australia and the Middle East. There are also numerous warehouses that are strategically placed around the world. You’ll have a different experience shopping in Japan than you will if you shop in the US.
You might be interested in finance if you know that Shein closed a Series E financing round in 2020 which valued Shein at over $15 billion. Although revenues are not publicly disclosed, they are estimated at over $10 billion annually. The U.S. is Shein’s largest market, and was the most talked-about brand on Tik Tok for 2020.
Is Shein Legit?
It’s crazy, I know. A darling blouse for $12 and a nearly identical one at J.Crew for $70 seem too good to be true. It is, but it’s not.
Shein is a low-quality, fast fashion brand. This is not always a bad thing.
Shein creates a low-quality version of popular, high-end, fashionable items at a significantly lower price.
Shein has great pieces that aren’t workhorses. I love the cute summer blouses I might wear again next year, and the midi skirts that I wear to church every now and then. Shein is not the best place to order a dress that you will wear every week for four years. For a top you can wear to brunch with your friends? This could be the perfect top.
Klarna – Shop Now, Pay Later
Klarna has partnered with us to offer you easy payment options at the checkout so that you can purchase what you want, whenever you want.
What is Klarna?
Klarna, a global payment solution provider, works with retailers to ensure customers have the best online shopping experience. Klarna has over 170,000 online shops and more than 70,000,000 users worldwide.
Klarna: How do you checkout?
Select “Klarna” when you check out.
Fill in basic information to instantly find out if your application has been approved
Klarna will email you a confirmation and reminders for payment.
All future Klarna orders can be completed in one click
You shop and you decide how to pay.
4 Interest-Free Payments
Split your purchase into four equal payments to spread the cost over time. You can set up automatic payments with the debit or credit card you choose, beginning when your order is confirmed and ending on the shipping date. Pay on time and avoid interest charges
Pay in four interest-free installments at Shein:
1. Klarna is available only to US residents.
2. Klarna can only be used for purchases on us.shein.com. The order value must not exceed $1000.
Confirm your order
2 weeks later
4 weeks later
6 weeks later
Return your order
Klarna will reduce your owing amount if you return goods.
Klarna will reimburse any balance that you have already paid for in the original payment method.
Most Frequently Asked Questions
How will I be notified of my installments?
Klarna sends payment reminders to customers via email and SMS before any payment is due.
When is my Klarna first payment due?
At checkout, the first payment of 25% of total purchase price will be due. The remainder of the three remaining payments will be automatically billed every two weeks starting from the initial payment date.
Is it possible to pay my Klarna installments off early?
Yes! Klarna allows you to log in to their official website. You can then select the order that you want to pay early via Customer Portal.
Do you have to pay a fee for this service?
You don’t have to pay any fees if you follow the payment plan. For details on applicable fees, please refer to the product terms.