Sars commissioner Edward Kieswetter has sent businesses a notice of intent to withdraw all deviations, agreements, or special ...
Forever 21 says it can't compete with e-commerce companies that send small packages without paying tariffs via the "de minimis" exemption.
Temu is being accused of acting in bad faith in dealing with customer complaints, according to court documents filed last week. The class action complaint is being brought by thousands of Temu ...
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.
In its bankruptcy filing, it blames competition from its online-only competitors Shein and Temu, both with roots in ... While Forever 21 fended off bad press and lawsuits from designers upset ...
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.