News

US President Trump's move to end duty-free imports has hit Chinese retailers like Temu and Shein, potentially doubling prices ...
That strategy change came as the firms rushed to prepare for last Friday, when President Trump ended a popular trade loophole ...
Donald Trump has axed a loophole that allowed Chinese retailers to ship goods directly to US consumers without paying import ...
With import tariffs jeopardising their US growth potential, e-commerce platforms Shein and Temu are beginning to focus on ...
Fast-fashion giants Shein and Temu have significantly ramped up digital ad spending in Europe as U.S. trade barriers threaten ...
NEW YORK] Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, boosted their spending on ...
Advertisment While their European push includes markets like Germany, Italy, and Spain, the UK and France have seen the most pronounced uptick in advertising. According to Reuters, Shein downloads in ...
Trump has also hiked tariffs on Chinese imports to 145%, with US consumer confidence — already squeezed by cost-of-living ...
Shein boosted spending 35 per cent in France and the UK, while PDD Group's Temu increased by 40 per cent and 20 per cent ...
Facing potential price hikes due to U.S. tariffs, retailers and brands are increasingly shifting their focus towards Europe.