Categories: Business

Shein quarterly profit falls 67% as costs jump, Europe sales slump

By Helen Reid Sept 28 (Reuters) – Fast-fashion platform Shein reported plunging profit and sliding European sales on Monday in its first results as a public company, feeding investor worries over

(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

Djokovic says body feeling good ahead of China Open comeback

VIDEO SHOWS: SOUNDBITES FROM NOVAK DJOKOVIC AHEAD OF CHINA OPEN COMPLETE SCRIPT TO FOLLOW SHOWS:…

3 minutes ago

Estonia says Russia ordered August arson attack on defence company

HELSINKI, Sept 29 (Reuters) - Estonia said on Tuesday it had concluded that an August…

4 minutes ago

Samsung Electronics commits $1 billion to KKR-backed Helix Digital AI buildout

Sept 29 (Reuters) - KKR-backed US-based AI infrastructure company Helix Digital said on Tuesday that…

7 minutes ago

BELARUS' LUKASHENKO SAYS SPOKE ABOUT THE PROJECT TO PUTIN, AGREED TO THAT RUSSIA'S GAZPROM WILL JOIN IT

BELARUS' LUKASHENKO SAYS SPOKE ABOUT THE PROJECT TO PUTIN, AGREED TO THAT RUSSIA'S GAZPROM WILL…

10 minutes ago

Djokovic says body feeling good ahead of China Open comeback

VIDEO SHOWS: SOUNDBITES FROM NOVAK DJOKOVIC AHEAD OF CHINA OPEN COMPLETE SCRIPT TO FOLLOW SHOWS:…

13 minutes ago

Libya’s Arabian Gulf Oil Company returns Majid field well to output at 5,322 bpd

Sept 29 (Reuters) - Libya's Arabian Gulf Oil Company said it had returned the EE1HR-80…

13 minutes ago