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Asia stock markets closed higher and the FTSE 100 index today held its ground after President Trump issued letters warning of ...
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 London float, Reuters reported. The big question is whether its Western ...
Pan-European consumers organisation BEUC filed a complaint with the European Commission on Thursday against online fast-fashion retailer Shein over its use of "dark patterns", tactics designed to ...
In May, Temu’s U.S. ad spend fell 95% year-on-year while Shein’s was down 70%. “Temu and Shein’s decline in US ad spend was also noticeable in April, as spend decreased by 40% and 65% YoY ...
Shein's sales for the full year rose by 19% to $38 billion, well off the $4.8 billion in net profit and $45 billion in sales it had projected for 2024. As a result, ...
The European Union has warned Shein that several of its practices violate consumer protection laws, including by offering “fake discounts” that don’t reflect a product’s previous price.
The EU’s executive arm said on Monday that consumer protection regulators found that a number of Shein’s practices breach rules against false discounts, deceptive product labels, misleading ...
Shein and Temu are spending more on advertising in Europe – and sharply pulling back in the US – as President Trump’s tariffs effectively block the Chinese fast-fashion firms from their ...
The White House has slashed tariffs on cheap Chinese goods from shopping sites like Temu and Shein — to as low as 30%, below the 54% rate included in President Trump’s executive order earlier ...
Temu and Shein did not respond to requests for comment. For Temu sellers, it isn't back to business as usual, but it is definitely good news. Here's what one seller told Bloomberg: ...
Shein Group Ltd. lowered US retail prices this week after the Trump administration temporarily cut duties on Chinese imports, as the online fashion retailer moves to win back consumers scared away ...
Shein Group Ltd. is considering switching its planned initial public offering to Hong Kong from London, people familiar with the matter said, representing the latest twist in the fast-fashion ...