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Escalating trade war set to raise costs on Shein, Temu
Fast fashion could become more expensive for consumers as China-based retailers like Temu and Shien will no longer be able to ship goods to the U.S. cheaply due to the closing of a tariff loophole. Will this send shoppers to more sustainable fashion brands?
Shein's trying to avert double trouble when it comes to its pending lawsuit against rival Temu. Shein has filed two motions against Temu's operator and parent company-Whaleco and PDD Holdings ...
That’s the business model behind ultra-fast fashion, in which companies led by Asian giants Shein and Temu work with overseas ... are willing to take their fight over market share in an ...
it’s a loophole in tariffs that drove Shein, Temu, and competitors Alibaba and JD.com to the top of the e-commerce heap. And that loophole is shutting in just over a month. President Donald ...
Shein seemed to take more of a hit than Temu. Between the weeks that ended February 1 and February 22, its sales growth slowed from 22% year over year to 9.6% year over year. Temu's sales ...
Influencers are taking advantage of cheap prices while they still can.
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