article thumbnail

SHEIN Opens Dublin HQ, Plans 30 Pop-Up Events Across Increasingly Important EMEA Markets

Retail TouchPoints

SHEIN generated $23 billion in revenue and net profits of $800 million in 2022, people close to the company told WSJ. In 2022, SHEIN opened three new distribution centers, in Poland, Italy and the United Arab Emirates, bringing the total number of SHEIN “nearshoring bases” in EMEA to eight.

Planning 229
article thumbnail

Why Thailand’s rainy season is a double-edged sword for its DIY chains

Inside Retail

per cent over the first six months of 2022. The growth was partly assisted by the opening of eight net new stores since mid-2022, and five more are planned for the second half of this year. Net profit for the first half was up 6.6 Net profit was 1.6 billion baht (US$1.1 billion), an increase of 9.3

article thumbnail

How HomePro aims to grow in Thailand’s fragmented DIY market 

Inside Retail

billion) in 2022, and this figure probably understates the true size of the pie. Net profit came in at 1.6 per cent growth in 2022, bringing total retail sales to 65.1 Global House had total revenue in 2022 of 36 billion THB (A$1.67 Home improvement in Thailand is a big deal. billion (A$21.5 Revenues were 17.2

Marketing 130