Online shopping giants Temu and Shein have seen a sustained drop in sales in the week after US President Donald Trump scrapped a duty exemption that their small parcels benefit from, suggesting a ...
The US and EU want to clamp down on online Chinese retailers Shein and Temu. They stand accused of exploiting a legal ...
Dirt-cheap Chinese platforms like Shein and Temu are making life hard for brands formerly beloved by millennials like Forever ...
Small-scale factories supplying China's e-commerce giants face an uncertain future as the US moves to end tax exemptions for ...
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Shein's Annual Profit Down by More than a Third
Online fast-fashion retailer Shein's profit dropped by more than a third last year, adding to its challenges ahead of a ...
Legislation would require online retailers to disclose their business location and keep proceeds from Florida-based sales in ...
As well as a new 10 per cent tariff on goods, Trump has revoked a “de minimis” rule for China, which had allowed small ...
Net profit was down almost 40 per cent at US$1 billion (S$1.34 billion) in 2024. Read more at straitstimes.com.
Shein shareholders believe an adjustment is needed to help get its potential UK IPO over the line, say people familiar with ...
Online fast-fashion retailer Shein’s profit dropped by more than ... could be postponed to the second half of the year after US President Donald Trump moved to end a tax exemption enjoyed ...
Online fast-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion ahead of its London listing, ...