ATS Fast Fashion Net Profit 
Inside Retail
JULY 28, 2024
Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein’s profitability and risk denting the fast fashion retailer’s long-term attractiveness ahead of its planned stock market debut, investors who focus on the sector said. per cent of sales.
Inside Retail
SEPTEMBER 13, 2022
Additionally, congestion at the Port of Shanghai, the largest port in the world, appears to be easing. The average waiting time across all vessel types, including tankers, bulkers and containers, at Shanghai has reduced to 28 hours, which is down considerably from its peak average waiting time of 66 hours during the lockdown in China.
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Inside Retail
JANUARY 31, 2023
H&M and LVMH target very different sectors of the fashion industry. The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent.
Inside Retail
JANUARY 28, 2022
In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 We ended the year strongly with sales back at the same level as before the pandemic and with profitability better than it has been for several years.”.
Retail Gazette
SEPTEMBER 13, 2023
It posted a net profit of £2.1bn for the six months to July 31 as the group widened its lead over Swedish rival H&M. It would now focus on low-impact fibres, supply chain transformation, biodiversity and circularity initiatives, as fast-fashion retailers face growing pressure to cut waste. Revenues rose 13.5%
Retail Gazette
FEBRUARY 23, 2025
Sheins profits plunged by more than a third last year in a fresh blow to its highly anticipated flotation on the London Stock Exchange. Net profit for the fast fashion giant plummeted by almost 40% to 789m ($1bn) in 2024 following a difficult final quarter and rising competition from rival Temu, The Financial Times reported.
Inside Retail
FEBRUARY 16, 2025
US President Donald Trump, at the beginning of this month, issued an executive order imposing a 10 per cent tariff on Chinese imports and the de minimis rule that allowed duty-free entry of low-value Chinese packages. Understanding de minimis The de minimis rule is at the centre of the turmoil. per cent (US$228.3
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