Shein announces net loss of $99 million in first quarter 2026 ahead of Hong Kong IPO
Shein’s IPO prospectus reveals unprecedented financial weaknesses and regulatory pressures for the Chinese fast fashion giant. I subscribe to the News not to be missed Chinese fast fashion giant Shein revealed, to everyone’s surprise, a net loss of $99 million in the first quarter of 2026, according to the preliminary prospectus published on Sunday for…