Shein profit falls 67% as costs rise, Europe sales weaken

Shein's profit dropped 67% amid rising costs and weakening European sales. The stock has fallen 27.3% from its HK$48.56 offer price since September 1.

• Shein profit fell 67%
• Europe sales weakened as costs rose
• Stock down 27.3% from HK$48.56 IPO price