WS #12760
Shein swings to $99M Q1 net loss ahead of Hong Kong IPO due to US removal of de minimis duty-free policy, with China-origin products now facing 10-87.5% tariffs.
Shein IPO loss and tariff impact
Shein swings to $99M Q1 net loss ahead of Hong Kong IPO due to US removal of de minimis duty-free policy, with China-origin products now facing 10-87.5% tariffs.