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