Reliance Retail has named Sandeep Karwa, former Coupang Taiwan head, as CEO of Ajio, Shein and its online fashion platforms. Vineeth Nair gets an expanded fashion-and-lifestyle remit. The reshuffle lands as Ajio Rush quick-delivery scales past 600 cities and Shein's India relaunch ramps to 50,000 SKUs.

ET Retail · 5/19/2026, 12:16:18 PM

Deloitte-Google pegs 220M Gen Z shoppers reshaping retail: Amazon Fashion's Gen Z share jumped to 52% from 30%, Myntra is ~50% Gen Z, creator-led GMV heads to $25B and quick commerce to $50B by 2030. AR lifts revenue 20%, AI boosts profitability 30-35%.

ET Small Business · 5/18/2026, 9:12:48 AM

Gen Z drives ~50% of India's $66B online fashion and beauty market, spending 1.5x more per head. Amazon Fashion's Gen Z share jumped to 52% from 30%, engagement is up 2.5x YoY, and tier 2/3 cities (Indore, Lucknow, Jaipur, Surat) are growing 2x faster than metros, forcing platform realignment.

Times of India · Business · 5/18/2026, 2:07:30 AM

Chalmers makes the $20,000 instant asset write-off permanent and revives loss carry-back, easing cashflow for SME retailers. New product-safety obligations target offshore marketplaces Temu and Shein. The 50% CGT discount is replaced by a 30% minimum capital gains tax from 1 July 2027.

Inside Retail Australia · 5/15/2026, 2:12:48 AM

Federal Budget locks in the $20,000 instant asset write-off for sub-$10M turnover SMEs, cuts $10.2B in regulatory burden, and steers ACCC scrutiny toward offshore e-commerce players Shein and Temu. ARA and COSBOA welcomed the moves but pressed for deeper competitiveness reforms.

Inside Retail Australia · 5/15/2026, 2:11:17 AM

Lara Trump's qipao-inspired looks during the Beijing trip drew fashion commentary likening her wardrobe to Temu and Shein, with Shein declining comment. She simultaneously promotes her own activewear line, including $98 leggings and sweatshirts marked down from $120 to $78.

WWD · 5/15/2026, 1:27:19 AM