Shein

uk-retailers-urge-government-to-close-tax-loophole

Business

3 months ago

UK Retailers Urge Government to Close Tax Loophole

Retailers and tax campaigners are calling on the UK government to close a loophole that allows companies like Shein and Temu to flood the market with cheap imports, avoiding taxes and undercutting

temu-shifts-strategy-after-u.s.-ends-tax-loophole

Business

3 months ago

Temu Shifts Strategy After U.S. Ends Tax Loophole

Chinese online retailer Temu is promoting more products from U.S. warehouses after former President Donald Trump revoked the long-standing de minimis tax exemption. The move, part of a broader tariff increase on

forever-21-files-for-bankruptcy-again,-blames-shein-&-temu

Business

1 month ago

Forever 21 Files for Bankruptcy Again, Blames Shein & Temu

Fast-fashion retailer Forever 21 has filed for bankruptcy protection for the second time in six years, citing competition from Shein and Temu as key factors in its collapse. The company’s U.S. operations

Temu Struggles as Tariffs Hit, Ads Slash, and App Ranking Drops

Temu, the Chinese e-commerce giant owned by PDD Holdings, has been facing a serious setback in the U.S. market. Despite its “Shop like a billionaire” campaign catching the attention of Super Bowl

2 weeks ago

Business

Amazon’s New Haul Outlet Challenges Low-Cost Rivals Temu and Shein

Amazon has entered the budget shopping arena with the launch of Haul, a new outlet designed to rival low-cost platforms Temu and Shein. The new service, launched as a mobile-only feature within

6 months ago

Business