Temu-owner PDD Holdings' revenues hit by intense China competition and challenges abroad
PDD Holdings , which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...
Temu-Owner PDD’s Revenue Misses Estimates as Expansions Slow
PDD Holdings Inc.’s revenue grew at a slower-than-expected pace of 24% after intensifying domestic competition and US tariffs ...
Financial Post4d
Mall staple Forever 21 files for bankruptcy protection, again
Forever 21 has filed for bankruptcy protection for a second time as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, Temu and Shein intensifies. F21 OpCo, which ...
Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...
Temu and Shein aim for U.S. market supremacy, challenging Amazon's hold
Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging ...
The Southern Maryland Chronicle on MSN1d
Forever 21 Blames Shein, Temu for Bankruptcy Fall
The racks at Forever 21, once a teen fashion mecca, may soon stand empty as the fast-fashion giant filed for bankruptcy on ...
thecooldown3d
New policy could lead to increased prices on popular websites: 'They're going to have to cut back'
Fast-fashion fans are worried that their favorite brands, such as Shein and Temu, will raise their low prices, making their shopping habits less affordable. As The Guardian reported, the new tariff ...
thecooldown2d
Parent raises alarm after discovering health risk lurking in their baby's clothing: 'This was always one of my fears'
Very high lead levels may cause seizures, unconsciousness and death." The popularity of brands such as Shein and Temu means the risk of lead poisoning and other health problems is great. Fast fashion ...