Forever 21 says it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
The company said it struggled against other fast fashion retailers like Shein and Temu as it implements an “orderly wind-down ...
By mailing products directly from China to consumers worldwide, the Chinese platforms avoid the huge warehousing ... complain about lost tax revenue. "Temu and Shein can produce on a massive ...
Plans to close loopholes allowing low-value packages to be shipped into the US and European Union without incurring duties could be a boon for non-food retailers battling the likes of Shein and PDD ...
The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...
Temu, which launched in the U.S. 2022, and Shein, which also entered the market that same year, have capitalized on China’s low manufacturing costs and tariff-free import practices.