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Shein and Temu have captured a combined 3.6% share of South Africa's retail, clothing, textile, footwear and leather (CTFL) ...
US President Donald Trump's sweeping new tariffs on imports from more than 90 countries came into effect on Thursday.
The online fast fashion retailer, Shein, has been fined by Italy's antirust authority AGCM for "misleading or omissive" ...
The Italian Competition Authority (AGCM) has issued a €1m (USD$1.15m) fine on Infinite Styles Services Co. Ltd, which ...
The Localisation Support Fund (LSF) has warned about the looming threat posed by offshore e-commerce retailers (OERs) to ...
A report released on Tuesday by the Localisation Support Fund (LSF) highlights that the growth of offshore e-commerce retailers in the country has resulted in millions of rands in sales and thousands ...
One of the biggest disruptions to UK ecommerce market over the past few years has been the entrance of Chinese-founded, ...
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Bizcommunity on MSN34,000 local jobs threatened by Shein and Temu’s growth in SAOver 34,000 clothing retail and manufacturing jobs could be displaced in South Africa by 2030 if offshore e-commerce platforms like Shein and Temu continue to gain market share.This is according to a ...
Retail data analysts say "a cocktail of problems, both internal and external," have made it impossible for Claire's to stay afloat.
The accessories brand, which runs almost 3,000 Claire’s and Icing stores globally, has struggled to compete with online rivals as tariffs gnaw at its margins.
The mall-based jewelry chain estimates assets and liabilities between $1B and $10B in its Delaware court filing.
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