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As Temu, Shein pivot to Europe, they once more meet regulatory scrutiny

June 10, 2025 by admin
As Temu, Shein pivot to Europe, they once more meet regulatory scrutiny

U.S. consumer spending on Temu fell about 36% in May compared to a year earlier, while it fell 13% over the same period on Shein, according to trend data from Consumer Edge. Nurphoto | Nurphoto | Getty Images Temu and Shein are pivoting to Europe as their business in the U.S. takes a major hit … Read more

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