On June 10, the French Senate nearly unanimously passed a bill that seeks to regulate ‘ultra’ fast fashion giants Shein and Temu with strict sanctions and ad bans The amended bill targets Chinese e-commerce companies, with leniency for European fashion brands (Image: AFP via Getty Images) The French Senate has overwhelmingly approved legislation to regulate … Read more
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
This picture shows signage of cross-border fast fashion e-commerce company SHEIN. Jade Gao | Afp | Getty Images Fast fashion giant Shein is reportedly set to boost its manufacturing in India with a view to bolstering its international supply chains amid the ongoing U.S.-China trade war. The Chinese-founded, Singapore-headquartered brand and Indian partner Reliance Retail … Read more