Shein's elusive boss hails Chinese roots in rare public appearance

AI Summary
Shein founder Xu Yangtian, also known as Sky Xu, made a rare public appearance at a business conference in Guangdong, China, reaffirming Shein's ties to China and its commitment to investing in the country's clothing industry. Xu announced Shein is investing 10 billion yuan in Guangdong to create a high-tech fashion hub, praising the Chinese government and the region's business environment as crucial to Shein's success. This comes after Shein moved its headquarters to Singapore and considered stock market listings in New York and London. Xu's speech, highlighting Shein's support for 600,000 jobs in the area, was widely circulated on Chinese social media. The move signals a renewed focus on its Chinese roots amid increased scrutiny of Chinese firms and concerns about the environmental impact of fast fashion.
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