Shein revenue neared $10B in quarter before tariffs
Fast-fashion company said earnings data is 'inaccurate'
Shein Group Ltd.’s net income rose to over $400 million and revenue was almost $10 billion in the first quarter as consumers snapped up the fast-fashion retailer’s products ahead of U.S. tariffs, according to people familiar with the matter. The performance helped lift the company’s profit margin to about 5%, the people said, asking not […]
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