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The fast-fashion platform posted $11.08 billion in sales and $2.40 billion net income for the quarter ended June 30, after a $99 million loss in the previous quarter. It said Europe sales fell nearly 14% to $3,770 million and that Iran conflict continued to affect Middle East operations.
Fast-fashion platform Shein HKEX:625 returned to profit in the second quarter and made $11.08 billion in sales, but warned about an uncertain second half as it unveiled its first results as a public company on Monday.An increase in total orders fulfilled supported a more than 20% sequential jump in…