Forever 21 says the 'de minimis' exemption used by Shein and Temu is partly responsible for its second bankruptcy
Forever 21 says it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
CNBC on MSN11d
Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...
Latin Times11d
Forever 21 Blames Shein and Temu for Their Downfall as They Prepare to Close All U.S. Stores
The retailer also pointed to the de minimis exemption -- a trade rule used by Shein and Temu which allows shipments valued at less than $800 to be imported without tariffs -- as a factor in their ...
Wyoming Tribune Eagle12d
Shein says US tariff hit won't stop fast-fashion flood
Tariffs imposed by the Trump administration will not eject fast-fashion juggernaut Shein from the US market, its executive ...