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The contract signed by Shein, together with GLP, will increase its territory to approximately 135 m²
GLP, developer and operator of logistics warehouses, announced the signing of its largest lease agreement with Shein, a global online fashion, beauty and lifestyle retailer. The Chinese company, which had already signed the first lease agreements with GLP in Brazil in 2022, will enlarge your area leased for approximately 135 m² in GLP Guarulhos II, the largest warehouse ever built by GLP in the country. The development's strategic location, just 18 km from the capital of São Paulo and close to the main access roads to the Rio-São Paulo axis, will provide logistical efficiency to serve Brazilian consumers.
With this new contract, the area leased by Shein from GLP will total 216 m². The occupation of the space will take place as soon as the work on the logistics condominium is completed, scheduled for August this year. The first phase of the works, started in 2021, is already 100% rented, with 250 thousand square meters and four warehouses. The second and final phase, which includes two warehouses, one of which is for Shein, is expected to be completed in the third quarter of 2023.
GLP emphasizes that its condominiums are developed with a wide and modern infrastructure, following the highest construction standards and good sustainability practices. The expansion of the area leased by Shein aims to efficiently serve Brazilian consumers, as a result of the investments recently announced by the retailer for the country.
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The importance of the contract signed by Shein and GLP
Mauro Dias, President of GLP Brasil, highlights the importance of choosing Shein as a partner at this time of major investments by the company in Brazil: “Being chosen by Shein at a time when that the company announces major investments in Brazil makes us certain that we are on the right path in developing well-located and efficient logistics facilities that support the growth of our customers”.
Felipe Feistler, President of Shein in Brazil, points out that the partnership with GLP represents a great advance in logistics capacity for the brand: “Having our third warehouse strategically located among the largest consumption centers in the country is another step in line with the investments we announced in Brazil. We want to provide the best possible shopping experience to our consumers, and speedy delivery is one of the key factors for that.”
Shein's investments in Brazil do not stop
In April of this year, Shein announced a major investment in Brazil aimed at making the country a more modern textile production and export hub for Latin America. The company plans to partner with 100.000 local manufacturers and create approximately XNUMX empregos over the next three years to produce pieces under the Shein brand. In addition, Shein also announced its marketplace for local sellers, aimed at meeting Brazilian customers' demands for a greater variety of products and categories, as well as faster delivery times.
Shein's expectation is that, by the end of 2026, around 85% of its sales will come from local manufacturers and sellers, thus boosting the Brazilian economy and strengthening the country's logistics sector.
