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

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.

Bloomberg on MSN · 2d

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.

The Financial Times · 2d

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.

The Economist5d

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 ...

The Financial Express1h

Trump’s FBI pick Kash Patel faces scrutiny over Shein shares worth millions – Know more

Kash Patel, President Donald Trump’s controversial nominee for FBI director, is set to profit significantly from his stake in a China-founded fast fashion giant, Shein, when its parent company, Elite ...

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

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