Online fast-fashion retailer Shein swung to a $99 million quarterly loss due to slowing sales after the U.S. removed an import duty exemption on small packages and a hefty one-time accounting charge.
The loss and other financial details were revealed for the first time in its draft prospectus filed with the Hong Kong stock exchange on Sunday as part of the company's much-awaited initial public offering (IPO).
The draft prospectus did not disclose the IPO size or price range.
Below are Shein's key financial details.
