Amazon Big Spring Sale Promotes Amazon Haul Amid Economic Uncertainties
In the face of inflation and ongoing trade wars, Amazon's latest sale offers end-of-season winter and spring items with...
Temu
Forever 21 Files for Bankruptcy Amidst Intense Competition from Temu and Shein
Forever 21's operating business has filed for Chapter 11 bankruptcy protection due to inflation, consumer weakness, and competition from...
Slow Start for Amazon Haul Amid Competition from Temu and Shein
Amazon's competitor to Shein and Temu, Amazon Haul, is making slow progress due to consumer behavior shifts and aggressive...
Temu Impresses German Consumer Watchdog with Quality, Security, and Returns
In a recent evaluation by Germany's leading consumer testing organization, Stiftung Warentest, Temu, the online marketplace, received strong endorsements...
Global Retailers Face Challenges and Changes in Q4
Global fashion retailer Shein's profits plummeted by 40% to $1bn in 2024, facing intense competition from rival Temu, complicating...
Shein’s Growth Remains Strong Amidst Tariff Challenges, Says Executive Chairman
Shein's Executive Chairman Donald Tang has reassured shareholders that the company's growth remains strong despite recent challenges, such as...
Shein Faces Parliamentary Inquiry Over Labour Practices in Supply Chain
Fast-fashion giant Shein faces scrutiny as it plans to list on the London Stock Exchange, with a Parliamentary Committee...
Parliamentary Committee Questions Shein and Temu on Labour Practices
In a recent development, Shein and Temu are facing scrutiny from a parliamentary committee over worker rights in their...
Temu Tops Chinese E-commerce Platforms, Gen Z Shifts to Budget Shopping
In a recent Probolsky Research survey, four in ten respondents found Temu's pricing "much cheaper" than Amazon. In response,...
Temu Tops UK iPhone App Downloads, Shein Follows Close Behind
In a recent Apple Store report, Temu emerged as the most downloaded free iPhone app worldwide, including in the...