Shein doubles profits in UK after sales leap 40% to £1.5bn
Fast-fashion retailer presents ‘real challenge for Boohoo and Asos’ as it considers £50bn IPO, says analyst Business live – latest updates Shein, the online fast-fashion retailer founded in China, doubled profits at its UK arm last year as sales jumped by nearly 40% to £1.5bn – making it about the same size as its rival…