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Shein's annual profit down by more than a 3rd, FT reports

Hosted on MSN · 9h

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.

Indiatimes · 9h

Shein's annual profit down by more than a third: report

Shein's sales for the full year rose by 19% to $38 billion, the report said, adding that the figures were from internal projections ahead of finalised accounts.

Bloomberg on MSN · 9h

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.

Hosted on MSN · 10h

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% to $1 billion in 2024,

The Financial Times · 10h

Shein profits slump in fresh challenge to long-planned London IPO

Shein’s profits dropped by more than a third last year, adding to the fast fashion group’s challenges ahead of a long-planned flotation that would be one of the biggest on the London stock exchange this decade.

5d

Exclusive: Shein executive seeks to reassure investors after Trump crackdown on low-value imports

Fast-fashion retailer Shein's executive chairman Donald Tang told investors in a letter on Monday that "growth remains strong ...

2don MSN

Trump’s FBI Pick Stands to Make Millions From Fashion Brand Shein

Kash Patel was confirmed by the Senate Thursday. Critics question potential conflicts of interest in owning shares of foreign ...

The Economist3d

Shein attempts to mend its public image before its London debut

A listing should be a boon for investors. A valuation of £51bn ($66bn) would make Shein, which was founded in China but is ...

Shein Takes 1M SF Of Sublease Space Off The Market In Cherry Valley

Fast-fashion retailer Shein has taken a 1M SF industrial space off the sublease market in the Inland Empire's Cherry Valley, ...

11d

Shein’s IPO haste implies an ill-fitting outcome

Listing a company’s shares is a delicate art. Bankers try to find the perfect time to tap the market, and sell a vision of ...

6d

Shein Is Said to Face Investor Pressure to Slash Valuation to $30 Billion

Fast-fashion retailer Shein is under pressure to cut its valuation to about $30 billion, according to people familiar with ...

5don MSN

Shein under pressure to slash valuation to $30B ahead of London IPO: report

Shein is aiming to go public in London in the first half of this year, pending regulatory approvals in the UK and China, ...

7d

Shein’s Global Challenge: Will U.S. Trade Curbs Disrupt One Of Fast Fashion’s Giants?

But as regulatory scrutiny tightens in key markets, could the tide be turning? The latest challenge comes from the U.S, where ...

Shein could be a shot in the arm for the London Stock Exchange

But the fashion giant might not like the added scrutiny.

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