Low-cost e-commerce rivals Shein and Temu shelve US court cases
By Reuters Published Oct 29, 2023 Fierce rivals Shein and PDD Holdings-owned Temu have applied to end their legal fights with each other in the U.S., documents show, marking a …
By Reuters Published Oct 29, 2023 Fierce rivals Shein and PDD Holdings-owned Temu have applied to end their legal fights with each other in the U.S., documents show, marking a …
Investors will look for signs that Amazon’s aggressive expansion of same-day delivery services helped increase its third-quarter profit margin by spurring shoppers to place more frequent and bigger orders. Reuters …
Translated by Cassidy STEPHENS Published Oct 27, 2023 The merger between Forever 21 and Shein in August made quite a splash. The ultra-fast fashion giant’s interest in one of the …
The Lithuanian group is reportedly working with the investment bank Morgan Stanley to examine the possibility of issuing 200 million euros worth of shares. A shareholding structure that could precede …
By Bloomberg Published Oct 24, 2023 Temu’s transformation over the past year is the stuff of business dreams. Virtually unknown when it launched in the US last September, it’s now …
By Reuters Published Oct 20, 2023 Chinese online fast-fashion retailer Shein plans to start shipping the products it makes in Brazil to other markets in Latin America in 2026, its …
By Bloomberg Published Oct 16, 2023 Swedish retailer H&M is planning a debut green bond sale, the latest effort by a fast fashion company to improve the sustainability of its …
Translated by Nicola Mira Published Oct 16, 2023 Europe’s cross-border e-commerce market across all sectors is dominated by three major marketplaces, China’s AliExpress and the USA’s Etsy and Amazon. According …
Fast-fashion online marketplace Shein announced on Friday the appointment of Marcelo Claure, a current Shein investor, as group vice chairman of the brand. Shein names Marcelo Claure group vice …
By Reuters Published Sep 23, 2023 E-commerce giant Shein is sending more low-priced apparel and home goods to U.S. warehouses from China to speed up shipping times for shoppers, according …