Shein Global Holdings Ltd. shares fell 12.1% to a record low after a 53% plunge in first-half operating income. Rising costs and weakening demand squeezed margins, with US sales down over 10% in Q3.
Shein Global Holdings Ltd. shares fell 12.1% to a record low after a 53% plunge in first-half operating income. Rising costs and weakening demand squeezed margins, with US sales down over 10% in Q3.