Categories: Business

Shares of fast-fashion's Shein plunge 14% to record low after profit slides

HONG KONG, Sept 29 (Reuters) – Shares of fast-fashion retailer Shein tumbled as much as 14% on Tuesday after it reported a 67% fall in quarterly profit in its first post-IPO results, fuelling investor

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

BRIEF-Arctic Minerals Says High-Grade Metals At Hennes Bay

Sept 29 (Reuters) - Arctic Minerals AB (publ): * MAIDEN DRILLING PROGRAM AT HENNES BAY…

2 minutes ago

Asian Games organisers apologise for Pakistan and South Korean volleyball teams' travel mix-ups

VIDEO SHOWS: SPOKESPERSON OF AICHI-NAGOYA ASIAN GAMES ORGANISING COMMITTEE, AYUMI SAKAMOTO, AND PRESS TEAM MANAGER…

3 minutes ago

Australia's Megaport rallies after bagging $687-million AI contracts

By Jasmeen Ara Islam Shaikh and Rajasik Mukherjee Sept 29 (Reuters) - Australian network and…

7 minutes ago

RUSSIAN DEFENCE MINISTRY: RUSSIAN FORCES HIT TWO DATA CENTRES IN KYIV – IFX

RUSSIAN DEFENCE MINISTRY: RUSSIAN FORCES HIT TWO DATA CENTRES IN KYIV - IFX (The article…

12 minutes ago

Asian Games organisers apologise for Pakistan and South Korean volleyball teams' travel mix-ups

VIDEO SHOWS: SPOKESPERSON OF AICHI-NAGOYA ASIAN GAMES ORGANISING COMMITTEE, AYUMI SAKAMOTO, AND PRESS TEAM MANAGER…

13 minutes ago