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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 ...
Fast-fashion giant Shein has recorded sales of over $1.2 billion in Australia, marking its biggest-ever haul from Down Under since launching in the country three years ago. The staggering number ...
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 ...
Shein is contemplating restructuring its US operations due to potential impacts from US tariffs on Chinese imports, which could affect its London IPO. The US business, contributing a significant ...
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 ...
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.
Temu and Shein plan to raise prices for U.S. customers starting April 25, due to President Donald Trump’s tariffs on goods shipped from China, the Associated Press reports. The 145% tariff on ...
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 ...
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 ...
“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 ...
Shoppers are noticing price increases on the ultra-low-cost sites Shein and Temu. In addition to recent tariffs, President Donald Trump ended a customs exemption that allows goods worth less than ...
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