Forever 21 said it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging ...
The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...
Temu's parent company, PDD Holdings, reports slower revenue growth in Q4 2024, down to 24% year-on-year. This follows ...
Have you ever wondered what happens when you return part of your clothes haul back to Shein? While the average online shopper ...
The operator of Forever 21 filed for bankruptcy on Sunday due to growing competition from foreign fast fashion companies, ...
(Reuters) -PDD Holdings, which operates e-commerce platforms Pinduoduo (NASDAQ: PDD) and Temu, missed market estimates for ...
South Africans were unimpressed by local designers who filled up the streets of Sandton to protest against Shein and Temu for ...
Forever 21 has filed for bankruptcy protection for a second time and plans to close down its U.S. business as traffic in U.S.
American fashion brand Forever 21 is set to shut down its US operations after filing for bankruptcy for the second time in ...
"As we move through the process, we will work diligently to minimize the impact on our employees, customers, vendors and ...
U.S.-listed shares of PDD fell more than 3% in premarket trading. While government stimulus measures and deep price cuts from ...