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Shein reveals slowing profits and a quarterly loss ahead of Hong Kong IPO

Shein has finally shown investors the numbers. In a draft prospectus filed on July 26, the fast-fashion retailer disclosed annual revenue of $41.8 billion for 2025, up roughly 8% on the year before, alongside anet profit that fell 38.7%to $2.064 billion. Growth, of a sort, bought at a visibly thinner margin. The document, cleared by [] This story continues at The Next Web

27 Jul 2026 2:34 pm