Shein’s UK profits double as sales hit £1.55bn in 2023
These latest results mean that Shein’s UK sales have overtaken rival Boohoo’s latest full-year revenues
Shein’s UK arm has seen revenues rise by 38% to £1.55bn in the year ended 31 December 2023, up from £1.12bn the prior year.Meanwhile, pre-tax profit doubled from £12.2m to £24.4m over the year, according to new filings on Companies House.