Shein projects doubling of revenues by 2025

Shein mobile site on phone screen

Fast fashion retailer Shein has predicted its revenue will more than double to reach almost $60bn (£49.8bn) by 2025.

The lofty revenue projection comes as the Chinese fashion giant weighs up a potential blockbuster IPO this year and was first reported by the Financial Times.

Shein reported annual revenue of $22.7bn (£18.8bn) last year and is projected to achieve annual revenue of $58.5bn (£48.6bn) in 2025.

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