US EditionShein’s Revenue Rises to US$10 Billion in Quarter Before Trump Tariffs
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7 Articles
Shein Revenue Neared $10 Billion in First Quarter Before Tariffs
Shein Group Ltd.’s net income rose to over $400 million and revenue was almost $10 billion in the first quarter as consumers snapped up the fast-fashion retailer’s products ahead of US tariffs, according to people familiar with the matter.
Chinese fast-fashion giant Shein reported a profit of more than $400 million and revenue close to $10 billion in the first quarter, Bloomberg News reported, citing people familiar with the matter. The margin was about 5 percent as consumers took the opportunity to shop before the U.S. tariffs took effect.
PHOTO: SHEIN Courtesy Shein Group Ltd., the famous Singapore-based fast fashion brand, recorded revenues of approximately $10 billion during the first quarter of 2025. In that same period, net profits exceeded $400 million, representing a margin of profit of 5%, one of the highest recorded in its recent record. The reason for these good results: Donald Trump’s tariffs. READS ALSO. Mexico imposes tariffs of 33.
U.S. tariffs, imposed by President Donald Trump, have significantly affected China's products, however, the company Shein benefited and made incredible profits. Shein is a Chinese multinational e-commerce company focused on fast fashion and is responsible for the design, manufacture and online sale of clothing, accessories and more low-cost items.According to Bloomberg, Shein was the big winner with U.S. tariffs, as the company's profits were in…
Shein’s path to an initial public offer has become a saga, with an initial U.S. listing plan frustrated by supply chain scrutiny and labor practices
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