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Story summary
- Shein grew UK sales 26% to £2.58 bn, overtaking Asos.
- Shein’s UK pre-tax profit rose 18% to £45.2 m despite staff increase to 113 employees.
- Shein paid £11.2 m current tax in the UK, up from £9.6 m a year earlier.
- UK Chancellor Rachel Reeves announced ending the £135 de minimis duty exemption by 2028.
