Fri, 15 Aug 2025

Fri, 15 Aug 2025 Shein's UK sales soar by a third to hit £2bn

The fast-fashion giant saw profits jump as more Britons bought its low-priced Chinese-made clothes and accessories.

* Shein's UK sales increased by 33% in 2024, reaching £2bn.
* The company's profits rose by 57% compared to 2023.
* Despite this growth, Shein acknowledges that higher inflation and cost of living may affect customer purchasing habits.
* The brand may be hit by import taxes due to the UK government reviewing the exemption for packages worth less than £135.
* Shein has already increased prices in the US following a similar tax review.
* The company's pre-tax profit was £38.3m in 2024, up from £24.4m in 2023.
* Shein Distribution UK Ltd reported significant milestones, including opening new offices and launching pop-up shops.
* The company has 91 employees in the UK, with 68 women and 23 men on its payroll.
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