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In May, Chinese e-commerce platforms Shein and Temu launched more intense marketing campaigns in Europe amid lingering trade uncertainties between China and the United States. Compared to April ...
Chinese e-commerce giants like Shein and Temu face challenges in the US due to potential tariffs. These companies are now exploring European markets. Concerns arise about product safety and fair ...
Temu and Shein. The American market now makes up 70% of the company’s total sales, but in March, with US President Donald Trump threatening imminent tariffs on Chinese imports, Huang was tasked ...
PDD's quarterly revenue rose to a less-than-expected 95.67 billion yuan, equivalent to $13.3 billion. Net profit fell to 14.7 billion yuan, widely missing consensus estimates. PDD's American ...
LONDON, (Reuters) – Online fast-fashion platforms Shein and Temu are gearing up for a 2026 trial at London’s High Court, with the rivals’ trading allegations of copyright infringement and ...
Temu, owned by the Chinese e-commerce company PDD Holdings, and Shein, now based in Singapore, said in separate but nearly identical notices that their operating expenses went up "due to recent ...
Shein saw an explosive rise in the fashion industry, where it quickly came to rival big global brands in the online clothes market. The same is seen with the Chinese giant Temu, which quickly rose ...
Temu and rival Shein had previously relied on a duty-free treatment which allowed them to sell and ship low-value items directly to the US without having to pay import taxes. This ended in early May, ...
Tariff walls are going up around the world to try to head off an anticipated surge of low-value Chinese exports seeking ... The fear is Shein and Temu may seek to compensate for lower US sales ...
Neither Shein nor Temu had responded to Just Style's request for comment at the time of going to press. However, GlobalData head of apparel Chloe Collins told Just Style exclusively ...
This move aims to address compliance costs and level the playing field for European retailers, who argue the current duty-free policy gives companies like Shein and Temu an unfair advantage.
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