Forever 21 filed for bankruptcy protection for the second time in six years on Sunday and blamed fast-fashion e-tailers Shein and Temu for its demise. The retailer's operating company is ...

Shein doesn’t publish profit guidance, but a 2023 presentation to investors forecast $4.8 billion profit and $45 billion sales for last year, according to the FT. The retailer didn’t respond ...

Shein Group Ltd. is under pressure to cut its valuation to about $30 billion as it prepares to go public, Bloomberg News reported this week. That would still overprice the fast-fashion retailer ...

The marketplace offers a variety of wares, from jewelry and accessories, to sporting goods, to beauty products and more. Temu, Shein's competitor, expanded its marketplace into the U.S. earlier ...

Shein's profit decreased by over a third last year, impacting its upcoming London Stock Exchange listing. The online retailer's net profit fell nearly 40% to $1 billion in 2024. Sales rose by 19% ...