Shein's profits drop by more than a 3rd in 2024, FT reports
Shein profits slump in fresh challenge to long-planned London IPO
As a private company, Shein does not publish profit guidance but the 2024 figures were far lower than the $4.8bn in net profit and $45bn in sales the company had projected for 2024 in a presentation to investors in early 2023, which was seen by the FT. Shein did not respond to a request for comment.
Kash Patel was confirmed by the Senate Thursday. Critics question potential conflicts of interest in owning shares of foreign ...
Fast-fashion retailer Shein's executive chairman Donald Tang told investors in a letter on Monday that "growth remains strong ...
A listing should be a boon for investors. A valuation of £51bn ($66bn) would make Shein, which was founded in China but is ...
Fast-fashion retailer Shein is under pressure to cut its valuation to about $30 billion, according to people familiar with ...
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 ...
Fast-fashion retailer Shein has taken a 1M SF industrial space off the sublease market in the Inland Empire's Cherry Valley, ...
But as regulatory scrutiny tightens in key markets, could the tide be turning? The latest challenge comes from the U.S, where ...
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Shein Recalls Children’s Pajamas Over Flammability ConcernsShein has recalled a set of children’s pajamas it sold in four different colors over flammability concerns, the Consumer ...
But the fashion giant might not like the added scrutiny.
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