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Sales by Shein’s Ireland-registered entity Infinite Styles Ecommerce Co grew 68 percent in 2023, hitting €7.684 billion ($8.36 billion), according to annual results published on Monday.
Fast-fashion retailer Shein, which sells $4 tops and $8 dresses, has grown rapidly in the US, Europe and the UK and is working towards an initial public offering in London. It was valued at $66 billion last year in a fundraising round.
After-tax profit for the Dublin-registered entity more than doubled to…
