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The global luxury sector, which has been facing slowing demand and an eroding customer base in the last several months, could be further hit by the escalating trade war between China and the US.
China-founded e-commerce sites Temu and Shein say they plan to raise prices for U.S. customers starting next week.
Both retailers have also dramatically pulled back on their social media advertising in the U.S. on Facebook, Instagram and ...
Temu and Shein are planning to raise their ultra-low prices for U.S. consumers as Trump's executive order ending the "de ...
Two wildly popular stores are preparing their customers for a massive fast-fashion shift. Temu and Shein said they will raise prices in response to major shifts in US trade policy.
PDD Holdings Inc's online retailers Temu and Shein will raise prices to offset Trump's tariffs on Chinese imports, affecting budget shoppers.
Shein and Temu, known for their low-cost items, say they'll raise prices starting April 25 after Trump ended an import ...
Discretionary spending intentions fall as Canadians reassess purchases amid trade tensions, with varied impacts across retail ...
"Our model is about slowing down consumption and creating a real community," Kleiderei director Lena Schroeder told Reuters, ...
Retailers are freaking out over tariffs. President Donald Trump’s tariffs, if enacted after the 90-day suspension, will impact some of the biggest textiles exporters, including Bangladesh, Vietnam and ...
Online fast-fashion retailer Shein has secured approval from Britain's Financial Conduct Authority (FCA) for its planned ...
Economic anxiety from tariffs and a looming recession are fueling secondhand shopping and resale markets.
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