PDD Holdings Inc.’s revenue grew a less-than-anticipated 24% after intensifying domestic competition and US tariffs crimped ...
Forever 21 said it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...
South Africans were unimpressed by local designers who filled up the streets of Sandton to protest against Shein and Temu for ...
Shein and Temu's sales slowed in the weeks after President Donald Trump announced tariffs and said he'd close the de minimis ...
"As we move through the process, we will work diligently to minimize the impact on our employees, customers, vendors and ...
Ultra-low-cost or luxury? The strategic choice fashion brands & clothing companies must make in order to survive the rise of ...
Like its chief fast-fashion rival Temu, Shein is facing multiple cases of trademark infringement by companies and artists.
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.
The operator of Forever 21 filed for bankruptcy on Sunday due to growing competition from foreign fast fashion companies, ...
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.
U.S.-listed shares of PDD fell more than 3% in premarket trading. While government stimulus measures and deep price cuts from ...