While the quarterly loss partly reflected a $328 million fair-value charge on convertible redeemable preferred shares following an accounting change, slowing revenue growth and weaker core earnings underscore the company's mounting challenges.

The figures highlight the pressure on Shein as it seeks new funds amid higher costs, slower growth, and growing scrutiny in key markets. Read more at straitstimes.com. Read more…

Shein’s draft prospectus shows $41.8 billion in 2025 revenue, a 38.7% profit fall, and a $99 million quarterly loss as tariffs bite.