Shein's annual profit down by more than a third, FT reports

In the ruthless world of the ultra fast fashion, the Chinese colossus Shein flicks with a 40% drop in profit and sales far from expected promises. Competition and commercial regulations shake the giant of e-commerce.

Shein’s annual profit down by more than a third, FT reports

Online fast-fashion retailer Shein's profit dropped last year, adding to its challenges ahead of a planned listing in London, according to the Financial Times.

Shein's annual profit down by more than a third, FT reports

Online fast-fashion retailer Shein's profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the Financial Times reported on Sunday.

Chinese online retailer Shein saw its profits plummet by nearly 40% last year, the Financial Times reported, citing anonymous sources.

Shein Profit Dropped Last Year, Further Challenging IPO, FT Says

Fast-fashion retailer Shein’s profit slumped by almost 40% last year, putting further pressure on a potential initial public offering in the UK, the Financial Times reported, citing people it didn’t identify.

Shein's profits drop by more than a third in 2024, FT reports

Shein's profits dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the Financial Times reported on Sunday. The online fast-fashion retailer's net profit fell by almost 40 per cent to $1 billion in 2024, the report said, citing two peo