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The shift in spending comes as Temu and Shein face a hefty tariff from the US, forcing them to hike prices and halt shipments ...
The online retailers previously built their brands selling cheap goods. Cheap clothing and products from Shein and other Chinese online retailers are among the products impacted by tariffs ...
“Cheap goods” sold on Temu and Shein aren’t as cheap as they were 24 hours ago. On Friday, the two companies raised prices on many goods in advance of new tariffs set to take effect next wee ...
Chinese fast-fashion giant Shein hiked its prices for American customers by up to 377 percent in order to offset the costs of President Donald Trump’s tariff war. In what looks to be an early ...
Online fast-fashion retailer Shein’s profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the Financial Times reported ...
E-commerce giants Shein and Temu announced in early April that prices would be rising on both platforms in response to changing trade policy between the U.S. and China. In nearly identical notices ...