News

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 ...
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.
“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 ...
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 ...
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 ...
Chinese e-marketplace Temu and fast-fashion retailer Shein will raise prices next week as U.S. President Donald Trump's sweeping tariffs and crackdown on low-value imports push up costs ...
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 ...
and leopard print jeans. Black, white and beige were the most purchased colors, while the bestselling brands were loungewear and sleepwear brands and its in-house labels, including Shein Underwear ...
The Trump administration’s plan to add steep fees to packages from China will deal a blow to Temu, Shein and some TikTok Shop sellers, worrying American consumers. By Sapna Maheshwari Tamika ...
Shein and Temu announced price increases due to recent tariff hikes, effective April 25, 2025. The increases are attributed to escalating tariffs between the US and China, initiated by President ...
Your favorite T-shirts, dresses and cheap appliances from Shein and Temu just got pricier because of President Trump’s tariffs. The Chinese web retailers on Friday hiked prices to offset a 120% ...
She regularly appears on CBS News 24/7 to discuss her reporting. Shein and Temu, two popular Chinese e-commerce sites known for their low-cost items, say they will raise prices for U.S. consumers ...