Shein Posts Quarterly Loss Ahead of Hong Kong IPO as Tariffs Weigh on Business

Shein has reported a $99 million quarterly loss as the global fast-fashion giant prepares for its highly anticipated Hong Kong stock market debut. The company blamed slowing sales, rising trade costs, and a significant one-time accounting charge for the disappointing results, highlighting the growing challenges facing its business. _x000D_ The financial figures were released in… Continue reading Shein Posts Quarterly Loss Ahead of Hong Kong IPO as Tariffs Weigh on Business