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Despite Temu and Shein facing Trump’s high China tariffs, e-commerce experts say they are still capable of competing with rivals in the U.S.
And even if production does move, it may be no quick fix, as Shein’s business model isn’t just about rock-bottom production costs. It’s also about ultra-fast reaction to consumer tastes.
According to economist Thiemo Fetzer, both Shein and Temu "built their entire business model" around exploiting this customs loophole. Rather than shipping orders in bulk, which would push them ...
has disrupted the business models of both platforms. The report says nearly 4 million parcels, most of them from China, enter the U.S. every day under this soon-to-be-ended exemption. Shein and ...
In separate but similar statements, Temu and Shein recently announced they will start hiking prices on Friday because trade barriers have "increased our operating expenses," with both vowing to ...
China-founded e-commerce sites Temu and Shein, which offer goods at an extreme ... has pressured the retailers to change their business models. Earlier this month, Trump signed an executive ...
The lack of this exemption poses a challenge to the business models of Temu and Shein, as well as other foreign low-cost retailers. Presley Bo Tyler is a reporter for the Louisiana Deep South ...
America has been the most important market for their wares, estimated to account for around 30% of Shein’s sales and 40% of Temu’s. Can their business model survive the breakdown of trade ...
Shein has quickly become a retail giant in recent years, now selling over $30bn worth of goods annually. The Chinese company’s model has been built on cheap prices and convenient trade rules ...
Despite the risk to its sales, Shein had the benefit of a healthy balance sheet thanks to its asset-light business model, they added. If tariffs did inflict lasting damage on Shein’s US business ...