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Fast-fashion giant Shein reportedly more than doubled its profits in 2023 — to a record-high of more than $2 billion — as the China-owned company awaits approval to go public in the US.
There are just four days left before Chinese e-commerce sites Shein and Temu will raise prices due to recent tariff increases. Both companies issued recent notices announcing the price increases ...
Online fast-fashion retailer Shein's profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the Financial Times reported ...
“Cheap goods” sold on Temu and Shein aren’t as cheap as they were 24 hours ago. On Friday, the two companies raised prices on many goods in advance of new tariffs set to take effect next week.
Shein, which reportedly earned $32.2 billion in sales last year, says its business model reduces waste and keeps prices low, but it also requires suppliers and workers to contend with fluctuating ...
Shein and Temu, the ultra-cheap, ultra-fast retail giants, could be facing a new reality under rules proposed by the White House on Friday. These companies have become huge sellers of clothes and ...
Cheap clothing and products from Shein and other Chinese online retailers are among the products impacted by tariffs between the United States and China.. Earlier in May, the Trump administration ...