Temu

Temu earns high marks from top German consumer watchdog

Temu, the online marketplace, has received strong endorsements for its quality, data security, and customer-friendly returns in a recent evaluation…

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Today’s news in brief-24/2/25

Shein, the global online fashion retailer, saw its profits plummet by 40% to $1bn in 2024. The company faced a…

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The decline of UK department stores: can they survive?

The decline of department stores in the UK has been one of the most significant shifts in the retail sector…

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Shein profits falter ahead of planned London IPO

Shein’s profits reportedly dropped by 40% to $1bn (£791m) in 2024 as the online retailer suffered a difficult final quarter…

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Today’s news in brief-18/2/25

Shein has maintained strong growth despite recent challenges, including the US removing duty-free status for low-value ecommerce packages from China…

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Shein chairman says growth ‘remains strong’ despite tariff woes

Shein’s executive chairman, Donald Tang, has reportedly reassured shareholders that the company’s growth “remains strong”, even after the US removed…

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How Temu approaches product safety

Temu, an online marketplace, has expanded rapidly since its launch in 2022 and now operates in 90 markets across the…

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Shein to look to Vietnam to avoid Trump tariffs

Shein has asked some of its Chinese suppliers to set up production capacity in Vietnam in a bid to bypass…

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Shein abandons UK warehouse opening amid London listing uncertainty

Fast fashion group Shein has reportedly abandoned plans to open a warehouse in the Midlands, according to The Telegraph, as…

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Shein’s London float in danger as Trump tariffs target US tax loophole

Shein’s £50bn London IPO plans could be in danger after Donald Trump set his sights on closing a tax loophole…

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