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Fast-fashion retailer Shein is known for its super-low-cost clothing, but the seller of Chinese-made goods has increased prices significantly since the end of last year, a Washington Post analysis ...
Shein and Temu are spending more on advertising in Europe – and sharply pulling back in the US – as President Trump’s tariffs effectively block the Chinese fast-fashion firms from their ...
NEW YORK: Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, boosted their spending on digital ads in Europe in April, data from market intelligence firm Sensor ...
Shein is under siege in South Africa. It is losing market share, and the South African Revenue Service (SARS) is set to withdraw all its concessions. In March, SARS Commissioner Edward Kieswetter ...
On Friday, the de minimis rule — a policy that had exempted U.S. imports worth $800 from tariffs — officially closed for shipments from China, exposing Temu and Shein to high duties.
PDD (PDD) shares are plunging as sales of Chinese online retailers Temu — which is owned by PDD Holdings — and Shein dropped sharply after tariff-driven price hikes, according to Bloomberg.
Shein's UK daily active users increased 5% and Temu's increased 10%. On a year-to-year basis, Temu increased its ad spending in the UK by 20% and in France by 115%.
Could e-commerce platforms like Temu and Shein now flood Europe with cheap exports? US President Donald Trump's scrapping of a duty-free loophole has shattered Temu and Shein’s business model ...
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 ...
BEIJING-Shein Group and Temu saw double-digit sales declines in the week after they raised retail prices to cover the costs of increased US tariffs, an initial sign that President Donald Trump’s ...
Exclusive-Shein, Temu Ramp up Advertising in UK and France as US Tariffs Hit By Arriana McLymore NEW YORK (Reuters) -Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from ...