Fast fashion brand Shein has backtracked on an earlier decision to raise its prices, a move that comes shortly after the US ...

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 ...

Shein declined to comment. Shein has increased prices by as much as 377 per cent on some products in the US — such as hair ties — ahead of the implementation of higher tariffs. However ...

The average cost of 98 products consistently tracked by Bloomberg News on Shein’s website was $5.56 on Wednesday, down about 13% from a May 7 peak of $6.38.

as these high duties make Temu and Shein less competitive. Temu has already shifted away from the US market, focusing its advertising efforts on Europe, reported Reuters.