Accounts filed at Companies House also showed its UK workforce grew from 91 to 113 employees. However, the figures are not directly comparable as Shein’s results cover its UK business, while ASOS’s include international markets. In September,its quarterly profits tumbled 67 per cent due to higher freight costs and weaker sales across Europe and the US. 2bn), with growth in Latin America helping offset declines across Shein’s two largest markets. 77bn after it raised prices and cut advertising ahead of new EU charges on low-value ecommerce parcels, while US revenue dropped six per cent to $2.