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Fast fashion e-commerce retailers Shein and Temu are boosting ad sales in Europe, as they expect shifting markets due to ...
Fast-fashion retailer Shein’s prices for women’s clothing are significantly higher than late last year, as Trump’s tariffs ...
REUTERS That strategy change came as the firms rushed to prepare for last Friday, when Trump ended the de minimis exemption, a trade loophole that Shein and Temu used to ship packages worth less ...
An executive order closed a tariff loophole that benefited Chinese fast fashion online retailers, much to my niece’s dismay.
Shein is under siege in South Africa ... For example, they would split up large orders to ensure each package is under R500 and then combine these packages again after it passed through customs.
Goods bought from Temu and Shein, who handled 30% of daily US low-value packages last year between them, will now be subject to a 30% tariff or flat fees of up to $50, plus the 145% tariff on ...
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.
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 ...
This has seen Temu and Shein exposed to duties as high as 120% or a flat fee of $100, set to rise to $200 in June. The small-package tariff exemption had been key to the companies’ ability to ...