"Certain non-U.S. online retailers that compete with the Debtors, such as Temu and Shein, have taken advantage of this exemption and, therefore, have been able to pass significant savings onto ...

Forever 21 filed for bankruptcy protection for the second time in six years on Sunday and blamed fast-fashion e-tailers Shein and Temu for its demise. The retailer's operating company is ...

Forever 21 operators have filed for bankruptcy protection Dozens of job cuts slated for New York City stores The operator of Forever 21 fast-fashion stores in the U.S., which include locations in ...

and shifting customer preferences" along with decreasing mall traffic and competition from overseas discount companies Temu and Shein as its reasons. Initially, Forever 21 announced in November ...

The company’s most notable online competitors include Temu and Shein, who take advantage of the “de minimis exemption,” which exempts goods valued under $800 from import duties and tariffs ...

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The platform is the largest product of Shanghai-based PDD Holdings, which also owns the popular e-commerce marketplace Temu. According to the hackers’ message, cybercriminals hold an 892GB dataset, ...