Shein's U.S. Sales Drop 14% as Tariff Break Ends, Profit Slumps 39%
Companies

Shein's U.S. Sales Drop 14% as Tariff Break Ends, Profit Slumps 39%

Once reliant on duty-free imports for ultra-cheap fashion, Shein raised U.S. prices after de minimis removal—now sales a...

Declan Byrne 👁 80 💬 0
Shein's $50bn Hong Kong IPO Hits Valuation Reset as Revenue Growth Fades and Margins Squeeze
Companies

Shein's $50bn Hong Kong IPO Hits Valuation Reset as Revenue Growth Fades and Margins Squeeze

A new prospectus filing reveals slowing 8% revenue growth, a 39% profit drop and a first-quarter loss, casting doubt on ...

Declan Byrne 👁 70 💬 0