Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
US ecommerce company Amazon had sought to counter the threat posed by cheap Chinese suppliers by launching the “Haul” brand ...
One positive, perhaps, is that Temu and SHEIN will have a harder time supplying teenagers with disposable garbage from China, ...
Temu and SHEIN are the fastest-growing shopping apps, offering items at a fraction of the price of other retailers. But they ...
A new report predicts this year will only get worse for the already-struggling retail sector, with the number of location ...
Bad news, fast fashion girlies – it looks ... online stores he believes are killing off local businesses. “(Shein and Temu) are a . . . pariah, it’s a very difficult situation for ...
Yet as bad as 2024 was when it came to retailer ... American Freight (353), and Walgreens Boots Alliance (259). Shein and Temu represent an increasing threat to U.S. retailers So, what’s behind ...
However, anti-slavery groups continue to call for investigations into cheap online marketplaces, like Shein and Temu ... A key reason we don’t know how bad—nor, even, how good—Temu is, is because its ...
Shelly Banjo, managing editor of global business coverage at Bloomberg News, sent out the following: We are thrilled to ...
In volatile trading on currency markets, the Canadian dollar hit its lowest level since 2003 and the Mexican peso dropped almost 3 per cent. Trump imposed 25 per cent tariffs on imports from Mexico ...