Shein's Profit Fell 67% and the Stock Has Lost a Third of Its Value Since the IPO. The Loophole Era Is Over.
Shein's Profit Fell 67% and the Stock Has Lost a Third of Its Value Since the IPO. The Loophole Era Is Over.
The first report card since Shein's Hong Kong debut shows what happens when a business built on duty-free shipping and cheap air freight loses both in the same year.
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