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Can Shein and Temu survive Trump’s trade war?
The Chinese government has leverage over the two firms. Although Temu has grown quickly, PDD, its parent company, remains heavily dependent on its Chinese business, Pinduoduo. Shein does not sell its wares in the country, but it does rely on Chinese tech talent for its algorithm.
Is this the end of ultra-cheap fast fashion? How tariffs and rising prices will either save the fashion industry or shift the ...
The process was slow even before US President Donald Trump unveiled his barrage of global tariffs, as Shein considered a ...
The fast-fashion giant launched an elaborate PR campaign in Washington, hiring at least three high-ranking Trump officials.
Chinese e-commerce giants Shein and Temu say that they will be raising their prices ... warning of the planned "price adjustments," citing how recent changes to global trade rules and tariffs have ...
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