Shein shares take a hammering as profits tumble
By Reuters
Community Score: 50% | 19 views | 2w
0 community ratings: null thumbs up, null thumbs down
Shares of fast-fashion retailer Shein dropped as much as 10% after it reported a 67% fall in quarterly profit, fueling investor concerns over margin pressure and slowing growth. #shein #retail #business #fashion #share #market #News #Reuters #Newsfeed Read the story here: https://reut.rs/479BEvX š Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
Tags: reuters, news, world news today, breaking news, news today, reuters youtube, markets today, streaming, live news, latest news, headlines today, world news, news today usa, reuters news, headlines, Shein, Shein shares, Market, Shares, Retail
More from Reuters
- Iran says US will 'bitterly regret' sinking ship | Reuters World News ā Score: 50%
- Market Talk 'Messy' jobs report adds to 'alarming' slowdown ā Score: 50%
- Obama says democracy under 'assault' at Jesse Jackson memorial ā Score: 50%
- LIVE: Former presidents and the public celebrate the life of Jesse Jackson ā Score: 50%
- LIVE: Flight tracker over the Middle East ā Score: 50%
- UPDATE - Why did Trump fire Homeland Security chief Kristi Noem? | Reuters World News ā Score: 50%