Fast-fashion retailer Shein’s profit slumped by almost 40 percent last year, putting further pressure on a potential initial public offering in the United Kingdom, the Financial Times reported, citing ...

Singapore-based Shein reported a 39 per cent drop in net profit for 2024, to $1bn, on Sunday, well below its forecast of $4.8bn. The company is due to list in London this year ...

Shein’s profit drops by almost 40% in 2024 due to competition, supply chain costs, and market pressures. Will its IPO plans ...

Chinese e-commerce behemoth Shein saw its net profit plummet by almost 40 % last year, increasing doubts about the company’s ...

As a private company, Shein does not publish profit guidance but the 2024 figures were far lower than the $4.8 billion in net ...

Fast fashion e-tailer Shein is believed to have seen its group net profit drop by nearly 40 percent to one billion dollars in ...

Alibaba to invest over $52 billion in AI, cloud infrastructure over next three years. Prosus to acquire Just Eat Takeaway for ...

Shein's net profit fell by almost 40 per cent in 2024, raising doubts about its long planned London stock market listing.

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy.

The UK and India renew trade talks to boost investment, with a major oil refinery closure looming. BMW halts a major ...

Online fast-fashion retailer Shein’s profit dropped last year, adding to its challenges ahead of a planned listing in London, ...

Fast-fashion retailer Shein’s profit slumped by almost 40% last year, putting further pressure on a potential initial public ...