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 ...

Fast fashion retailer Shein’s profit dropped by a more than a third last year, ahead of the company’s planned initial public offering in London, the Financial Times reported Sunday ...

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 ...

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 ...

He said: “It’s just one more player in the market.” Globally, Shein’s net profit shrank by almost 40 per cent to US$1 billion in 2024, according to a Financial Times report in February.

Feb 23 (Reuters) - 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 ...