International Companies

Shein swings to loss as US tariffs bite

By Josh White

Date: Monday 27 Jul 2026

(Sharecast News) - Shein swung to a $99m net loss in the first quarter of 2026 from a $395m profit a year earlier, it revealed on Monday, as revenue growth slowed to 1.1% to $9.05bn following the removal of the US de minimis tariff exemption.
The fast-fashion retailer said higher duties...

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