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Shoppers have fled Temu and Shein after President Trump slapped the Chinese sites with hefty tariffs – spending their dollars instead at US department stores like Nordstrom Rack and Kohl’s ...
and suppliers from Shein," the suit claims. Both retail sites — who racks up billions of revenue annually, per 'TIME' — are among the fastest growing companies that ships to America ...
The fast-fashion firm, once valued at $100 bln, may list in Hong Kong after failing to get a Chinese regulator’s OK for a ...
The online retailers previously built their brands selling cheap goods. Cheap clothing and products from Shein and other Chinese online retailers are among the products impacted by tariffs ...
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 ...
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 ...
Temu, owned by China's PDD Holdings, and Shein, now headquartered in Singapore, issued nearly identical statements on their websites, pointing to "recent changes in global trade rules and tariffs ...
Fast-fashion giant Shein announced that its prices would increase April 25 "due to recent changes in global trade rules and tariffs," according to a customer notice on the retailer's website.
In the span of a few years, SHEIN has become the most popular fast fashion brand in the U.S. The company is known for its vast catalog of trendy clothing styles on its app and website at ...