Shein, Temu Sales Drop After Trump Targets China Trade Loophole - Bloomberg According to Bloomberg Second Measure, which analyzes credit card and debit ... drop after the Christmas season ...
Online shopping giants Temu and Shein have seen a sustained drop in sales in the week after US President Donald Trump ...
Shein’s US sales fell 16 per cent to 41 per cent for five days from February 5 while Temu’s fell as much as 32 per cent.
DataRoom in November flagged that a total liquidation was on the cards for the business as there ... sales were strong and there was a reasonable Christmas trading period, January was ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
Australians racked up an insane amount of personal credit card debt over the Christmas period, leaving many households unable ...
Fabrics retailer Joann has started going-out-of-business sales at some locations after filing for bankruptcy and announcing ...
As part of a 10% tariff on Chinese imports, Trump also scrapped a rule that waived import duties on packages valued at under $800, which helped Temu and Shein.
Feb. 14th is all about romance and love! Whether you're celebrating it with a partner, friends, or family, here's what you ...
Shoppers awaiting packages from popular retailers like Shein and Temu can still expect their packages after the U.S. Postal Service reversed its quick pause on packages from China and Hong Kong ...
US tariffs on Chinese imports and the closing of a customs loophole will wreak disruption on the business models of e-commerce giants Shein and Temu, with consumers potentially bearing the brunt ...
LONDON (Reuters) -Fast-fashion retailer Shein's executive chairman Donald Tang told investors in a letter on Monday that ...