Companies

Shein’s Irish business churns €4.5bn in revenue

Sales at the fast fashion giant’s Irish entity - which is in its second year of business - tripled in 2022

Shein: Fast fashion retailer, now headquartered in Singapore, has been consistently criticised by environmental activists for its promotion of fast fashion. Picture: Getty

Shein recorded more than €4.58 billion worth of sales through its Irish entity, which employed 12 people, in 2022.

The new financial results for the fast-fashion giant’s Irish business - which is in its second year of business - show that a significant portion of its $22 billion in global sales are now routed through Ireland.

Shein was set up in China in 2008 by Chris Xu. The firm, now headquartered in Singapore, has been ...