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US President Trump's move to end duty-free imports has hit Chinese retailers like Temu and Shein, potentially doubling prices for US consumers. These companies may now focus on Europe, exploiting ...
LONDON (Reuters) -Online fast-fashion retailer Shein has dropped Brunswick and FGS, two communications firms that were supporting its push for a London initial public offering (IPO), a source ...
Be prepared to pay more for your Shein and Temu hauls. Starting Friday, the Trump administration is shelving a nearly century-old tax loophole that saved companies from paying tens of billions of ...
The US business, which generates roughly one-third of Shein's $38 billion annual revenue, is expected to face significant pressure as a tax exemption known as "de minimis" is set to end this week, the ...
Millions of Americans have flocked to Temu and Shein, another Chinese e-commerce site, for their low costs. Chinese exports of low-value packages skyrocketed from $5.3 billion in 2018 to $66 ...
Zoe is a business growth expert covering sustainable fashion & retail. Shein disrupted the fashion industry in a way that few could have predicted. By combining real-time data analysis ...
Shein has also begun making "price adjustments" to account for tariffs and import charges. Several commerce changes made recently by President Donald Trump have affected how many Americans shop ...
(NewsNation) — Popular budget retailers Shein and Temu are following through on plans to raise prices due to President Trump’s tariffs, with some products more than doubling in cost in recent ...
Shein’s 2024 Global Circularity Study indicates a significant shift in consumer behaviour with a notable preference for clothing longevity over trends. The company said the study offers a deeper ...
airports are bracing for a sharp fall in air cargo heading to America. According to Bloomberg, a news service, China’s ministry of commerce recently told Shein to stop trying to diversify its ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shein is exploring ways to restructure its US business in the event the Trump administration sticks with ...
April 30 (Reuters) - Fast fashion retailer Shein is weighing a restructuring of its U.S. operations as U.S. President Donald Trump's tariffs on Chinese imports threaten to jeopardize its London ...