Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
Forever 21 says it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
They blame a once-obscure trade provision, called de minimis, which has been thrust into the spotlight in recent months.
Despite a 24 % sales growth and a 18 % profit growth, Temu remains below expectations. and sees its growth stagnate.
PDD Holdings, parent company of Temu and Pinduoduo, noted that, while it saw revenue growth in Q4, that growth decelerated ...
The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...
PDD Holdings , which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...
A WOMAN who wanted a renter-friendly way to achieve a panelled look in her house has shown how she managed it using a £36 ...
Forever 21 has declared bankruptcy for a second time and expects to close over 350 stores in the United States and Puerto ...
Hundreds of Forever 21 stores are going to close by the end of the month as the company undergoes Chapter 11 bankruptcy protection for the second time in six years.
U.S.-listed shares of PDD fell more than 3% in premarket trading. While government stimulus measures and deep price cuts from ...