Sales for Shein and Temu slowed after President Donald Trump announced tariffs and de minimis changes. Shein's sales growth dropped significantly. The de minimis loophole remains open — for now.
Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging Amazon’s efforts to capture a share of the budget-friendly e-commerce ...
Citing inflation, consumer weakness and competition from the likes of Temu and Shein, Forever 21’s operating business filed for Chapter 11 bankruptcy protection on Sunday and is winding down.
At the moment, that's the Chinese online retailers Temu and Shein, whose rock-bottom prices are proving almost impossible to beat for American companies. Some formerly hot big-name retailers have ...
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