Shein stock plummets after 66.6% adjusted profit drop
Shein's stock falls up to 14% in Hong Kong following the release of its quarterly results.
Published 6sem1 sourceNotable
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Shein's stock falls up to 14% in Hong Kong following the release of its quarterly results
The fact
The fast-fashion giant's adjusted profit dropped by 66.6% in Q2.
This decline reflects growing sector challenges amid competition and logistics costs.
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