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Shein faces existential threat as tariffs hit low-price model, putting new focus on services
Shein's growth and profitability has been hit by new tariffs and the removal of the de minimis exemption in the U.S., documents filed in connection with its Hong Kong IPO show. The company expects ...
Shein's profitability fell 39% between 2024 and 2025, while Shein posted a $99 million loss in the first quarter of 2026, compared with a $395 million profit during the same period a year earlier. AFP ...
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