Shein’s Ireland-based entity, Infinite Styles Ecommerce Co, saw a 68% surge in sales in 2023, reaching 7.684 billion euros ($8.36 billion). The fast-fashion retailer, known for its affordable pricing, continues to expand rapidly in the US, Europe, and the UK and is working toward an IPO in London. Its after-tax profit more than doubled to 99.5 million euros ($107.3 million), while gross profit increased to 314 million euros ($338.6 million). Shein, originally founded in China in 2008, now has its global headquarters in Singapore and its EMEA headquarters in Dublin.