Temu, Shein See US Sales Drop After Trump Targets China Trade The recent move by President Trump to eliminate the exemption of customs duties on parcels under $800 from China has sent ripples through the retail industry. Companies like Temu and Shein, known for their affordable and trendy clothing options, have seen a significant drop […]
US considers adding Shein and Temu to forced labour list
US Considers Adding Shein and Temu to Forced Labor List Chinese retailers Shein and Temu are facing heat as the United States contemplates the possibility of placing them on a forced labor list. This move comes after allegations of human rights violations in their supply chains have surfaced, prompting concerns from various human rights organizations […]
Shein, Temu, Amazon Haul Set for Price Hikes in the US
Shein, Temu, Amazon Haul Set for Price Hikes in the US The landscape of online shopping is about to undergo a significant shift for US consumers as popular low-cost retailers like Shein, Temu, and Amazon face impending price hikes. This change comes on the heels of President Trump’s decision to terminate a crucial trade loophole […]
Vietnam Suspends Temu Operations for Missing Deadline to Register
In a significant turn of events, Vietnam’s trade ministry announced the suspension of operations for the Chinese online retailer Temu. The decision follows Temu’s failure to meet the business registration deadline set at the end of November. This move reflects growing apprehensions among local businesses and regulatory authorities regarding the consequences of aggressive pricing strategies […]
Luxury’s Pricing Reality Check
The luxury market is facing a significant challenge as recent economic pressures lead luxury brands to reconsider their pricing strategies. This landscape shift is not just a reaction to inflation; it reflects a broader recalibration of consumer expectations in the high-end market. Notably, brands like Mulberry, Burberry, and Capri Holdings are publicly acknowledging the disconnect […]
How to Lower Prices Without Hurting Your Brand
In today’s retail landscape, businesses face a significant challenge: how to lower prices without compromising their brand value. The question arises: how much is too much to pay for a pair of jeans? Recently, Urban Outfitters confronted this dilemma head-on as customers expressed feelings that their pricing was simply too high. This concern is not […]
### Temu Faces EU Scrutiny for Alleged Illegal Product Sales
The European Commission is gearing up to investigate Temu, a Chinese e-commerce platform, for potential violations of the EU’s Digital Services Act (DSA). This scrutiny comes amidst rising concerns regarding the sale of illegal products on the platform, igniting discussions around consumer safety and regulatory compliance within the European Union. Temu, which operates under PDD […]
Amazon Sets Ultra-Low Pricing Plans for Temu Rival Store, The Information Reports
Amazon is taking a bold step to fortify its competitive stance in the e-commerce landscape, particularly against emerging discount rival platforms like Temu and Shein. The company is reportedly ready to launch a new low-cost storefront with severe price restrictions on products, which aims to attract budget-conscious consumers seeking affordable options online. According to a […]