Shein reported a $99 million quarterly loss as sales slowed, following President Trump's removal of import duty exemptions on small packages amid ongoing US-China trade tensions.
Despite the recent losses, Shein's customer base has continued to grow
Jul 27, 2026
05:07 pm
What's the storyFast-fashion giant Shein, which is headquartered in Singapore but was founded in China, has reported a loss of $99 million in Q1 2026.
This is a sharp contrast to the net income of $395 million that it had recorded during the same period last year.
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