News Around the Globe
By Herzlich Shein and Temu are spending more on advertising in Europe – and sharply pulling back in the US – as President Trump’s tariffs effectively block the Chinese fast-fashion …
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By Fickenscher Forever 21 moved closer to shuttering its stores forever. The struggling mall mainstay – which sells $7 t-shirts, $12 dresses and $25 sneakers – is on the verge …
Read More By Herzlich Shein is reportedly poised to chop its valuation by billions of dollars for its anticipated London listing after President Trump ended a trade loophole that allowed the Chinese …
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By Herzlich Shares of Temu parent PDD Holdings dropped nearly 30% on Monday after the Chinese e-commerce giant warned its revenue will likely falter amid intensifying competition in the fast-fashion …
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