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Shein profit plunges 67 per cent as costs rise sharply

Summarised from 2 outlets · Updated 29 Sept, 00:02 · Archive

Shein's quarterly profit fell 67 per cent as its costs increased.

Shein's quarterly profit fell 67 per cent as costs jumped. Chief executive Yangtian Xu said the company plans to shift towards higher-priced clothing to improve profitability.

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In this story: Shein · Yangtian Xu

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