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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 ...
Feb 23 (Reuters) - 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 ...
Fans of ultra-popular fast fashion websites Shein and Temu can expect to see rising prices even sooner than originally anticipated, both brands announced this week. Known for selling clothing ...
Online giant Shein had grown big in large part thanks to the so-called “de minimis” rule, which allowed them to ship low cost goods to the U.S. free of all duties. That loophole will now close ...
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Shein and Temu just started raising prices ahead of new 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 ...
Fast fashion retailer Shein found two cases of child labor at its suppliers last year, it said in its 2023 sustainability report, as it stepped up audits of manufacturers in China to assuage ...
Shein’s fast fashions may not be so fast anymore under new customs restrictions from the Trump administration – and that could be an even bigger problem for the Chinese company than tariffs ...
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