BBC·4 min read·medium
Shein swings to $99m loss as Donald Trump's tariffs hit sales
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Fast-fashion retailer Shein reported a $99 million quarterly loss, citing the impact of US import duty changes and geopolitical tensions. The company is currently preparing for a planned IPO in Hong Kong following regulatory approval.
Share Save Add as preferred on Google Peter Hoskins Business reporter In Pictures via Getty Images Shein says it swung to a quarterly loss as its sales slowed after US President Donald Trump removed an import duty exemption on small packages.
businesseconomy
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