Shein Reports Record Profits in First Half of 2023
Said to be driven by growth in the U.S. market.
Said to be driven by growth in the U.S. market.
The company saw sizable growth in the EMEA and Asia/Pacific regions, while its North American sales were down.
Marking a 15% increase from the same period in 2022.
The streetwear label fell short of VF Corp’s $600 million USD projection, reporting revenues of $523.1 million USD.
“We’re in constant dialogue and we respect each other’s independence.”