Shein's U.K. arm generated £2.05 billion ($2.77 billion) in sales in 2024, up 32.3% from 2023, according to a filing released on Friday.

The online fast-fashion retailer's pre-tax profit rose to £38.25 million in 2024 from £24.43 million in 2023.

The company highlighted several milestones during the year, including the opening of new offices in King's Cross and Manchester, a pop-up shop in Liverpool and a Christmas bus tour across 12 U.K. cities.

Shein flagged risks such as potential supply chain delays, higher costs from currency fluctuations and freight charges, IT system outages, and shifting UK regulations that could require it to alter or withdraw products.

The Chinese company, which is headquartered in Singapore, also noted that weaker consumer confidence from higher inflation

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