Net profit was down almost 40% at $1 billion in 2024, the report said, citing two people with knowledge of the matter. Shein’s net profit was down almost 40% at $1 billion in 2024, the Financial ...

Shein was reportedly under pressure to cut its valuation to as low as $30bn. Credit: Poetra.RH/Shutterstock.

Shein's net profit took a significant hit in 2024, plummeting by almost 40%, casting uncertainty over its highly anticipated London stock market listing. The fast fashion group saw its profits fall by ...

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Shein’s profits dropped by more than a third ... The Singapore-based group’s net profit shrank by almost 40 per cent to $1bn in 2024 as it suffered a difficult final quarter and battled ...

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Feb 25 (Reuters) - Henry Schein (HSIC.O), opens new tab forecast annual profit below Wall Street estimates on Tuesday as the dental and medical products distributor faces tepid demand amid ...