TV star Shaughna Phillips, Shein's UK sales hit £1.55bn compared to £1.12bn over a 16-month period the year beforeSales at Shein’s UK arm topped £1.5billion last year ahead of what looks set to be a controversial stock market listing in London. The Chinese online giant’s meteoric popularity showed no signs of slowing down, according to accounts published for the 12 months to December 31. Shein Distribution UK Limited saw sales hit £1.55billion compared to £1.12billion over a 16-month period the year before, while profits doubled to £24.4million. The company – which has 33 staff in the UK – held pop-up shops across the country and also opened a Manchester office last year. There have been concerns over Shein’s supply chain, including allegations of low pay and terrible working conditions.

Source: Daily Mail October 08, 2024 21:10 UTC