Shein Swings to $99 Million Loss as Trump Tariffs Hit Sales Ahead of IPO

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Finance

27 July 2026 at 9:19 am

Shein Swings to $99 Million Loss as Trump Tariffs Hit Sales Ahead of IPO

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Summary

Fast fashion giant Shein has reported a $99 million loss, attributed to Trump tariffs, as it prepares for its stock market debut in Hong Kong.

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