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Shein Opens Its Supply Network to Fashion Brands to Boost Growth
Yahoo Finance· 2025-09-18 02:54
Core Insights - Shein Group Ltd. is diversifying its revenue streams by offering access to its apparel manufacturing network in China to other fashion brands, responding to pressures on its retail business from US tariffs [1][5][7] - The initiative, named Xcelerator, allows brands to utilize Shein's supply chain, which can produce new designs in 5-7 days, provided they open a store on Shein's online marketplace [2][6] - Currently, around 20 brands, including Pimkie and Jian Lasala, are participating in this program, which has been in development for nearly two years [3][4] Business Model and Services - Shein's new offering includes not only manufacturing but also sample development, warehousing, sales, and order fulfillment, which are typically inaccessible to smaller brands at competitive costs [4] - By transforming vendor relationships into a product, Shein aims to create a new growth pillar as its self-branded sales face limitations due to changes in US tax exemptions for small parcels from China [5][6] Competitive Landscape - Unlike platforms like Alibaba.com, which provide open access to manufacturers, Shein's supplier access is contingent upon participation in its marketplace, aiming to attract more fashion brands [7] - The initiative is designed to leverage Shein's extensive apparel supply chain network in southern China amid increasing competition and a volatile trade environment [7][8]
欧阳劲松谈国际标准与法规视角下人工智能与新型工业化融合发展路径
Xin Hua Cai Jing· 2025-07-28 05:51
Group 1: Core Themes of the AI Conference - The 2025 World Artificial Intelligence Conference was held in Shanghai, focusing on "Intelligent Era and Global Cooperation" [1] - The conference included high-level meetings on AI governance and international cooperation forums on AI standardization [1] - A governance practice guide for AI-enabled industry applications was released, highlighting the need for responsible innovation in AI [1] Group 2: International Standards and Regulations - The international community is accelerating the establishment of a "technology-standard-regulation" integrated governance system for AI in industrial applications [2] - Major international standard organizations are collaborating to address the fragmentation of standards and promote AI development [2][3] - The EU's AI Act introduces a risk-based regulatory framework for AI systems, categorizing them into different risk levels [4] Group 3: Key Standards and Guidelines - Various foundational standards have been developed under ISO/IEC JTC 1, including guidelines on AI concepts, management systems, and risk management [3] - IEC is focusing on standardization in industrial automation and smart manufacturing, with specific standards addressing predictive maintenance and AI safety [3] - ITU initiatives aim to promote ethical AI and develop standards across multiple sectors, including smart cities and healthcare [3] Group 4: AI Application in Industry - Germany's integration of AI with Industry 4.0 emphasizes the creation of interconnected and autonomous production systems [7] - Companies like Bosch and Siemens are leveraging AI to enhance manufacturing efficiency and optimize complex industrial systems [7][8] - The U.S. is prioritizing AI in manufacturing, with companies like GE using AI to improve reliability and efficiency in production processes [8] Group 5: Future Trends in AI and Industry - The convergence of AI with industrial internet, 5G, and digital twins is accelerating in the manufacturing sector [9] - The EU's AI Act emphasizes the importance of standardization in regulatory compliance for high-risk AI systems [9] - AI is transitioning from experimental phases to practical applications in industrial environments, enhancing efficiency and sustainability [9] Group 6: Governance and Development Strategies - The global AI landscape is evolving, necessitating a governance approach that aligns with national conditions and international standards [14][17] - Recommendations for China's AI development include focusing on practical applications, enhancing industrial innovation, and establishing a robust governance framework [16][17] - International collaboration is essential for aligning development strategies and standards, preventing market fragmentation [17]