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Fast-fashion retailer Shein has been hit with a lawsuit by rival Temu, alleging the company has used aggressive and unlawful tactics to thwart competition — adding another layer to the ...
Online fast-fashion retailer Shein is under pressure to cut its valuation to about $30 billion ahead of its London listing, Bloomberg News reported on Monday, citing people familiar with the matter.
The price adjustments come as online marketplaces such as Shein and Temu (NASDAQ:PDD) brace for a 120% tariff on many goods, following the U.S. government's move to end the “de minimis” exemption.
Shein has implemented price hikes for U.S. customers in response to U.S. tariffs implemented by President Donald Trump. The e-commerce company, which was founded in China, rolled out U.S. price ...
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 ...
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 ...
Shein and Temu, major online retailers known for their wildly low prices, said they would raise prices for some products Friday after President Donald Trump imposed hefty tariffs on China, though ...
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 ...
Shein suppliers in South China report order drops, blame shift to Vietnam US tariffs and de minimis closure for China hit Shein's winning supply chain strategy Shein denies shifting supply chain ...
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