Fast-fashion platform Shein reported a net income of 2.064 billion dollars in 2025, down 38.7% from 3.365 billion dollars in 2024. Its revenue reached 41.8 billion dollars in 2025, compared to 38.7 billion dollars in 2024, representing 8% growth. The company received approval from the China Securities Regulatory Commission for its Hong Kong listing on July 10. Shein plans to go public between late August and early September, after failed attempts in New York and London.
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