Shein’s aggressive use of data analytics and influencer marketing has put pressure on other retailers and forced them to adjust their business models accordingly. Yet, while Temu and Shein — which ...

Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...

Shein and Temu offer a range of products and clothing at low prices. The companies face criticism over labor practices, environmental concerns, and business ethics such as intellectual property ...

Thomas Lange, director of the fashion association GermanFashion, commented that the current situation is worrying for the ...

Citing inflation, consumer weakness and competition from the likes of Temu and Shein, Forever 21’s operating business filed for Chapter 11 bankruptcy protection on Sunday and is winding down.

The company also faced stiff competition from the likes of Shein and Temu, which churn out trendy items that are cheaper than what Forever 21 offers. For example, Forever 21 sells T-shirts for ...

Forever 21 filed for bankruptcy protection for the second time in six years on Sunday and blamed fast-fashion e-tailers Shein and Temu for its demise. The retailer's operating company is ...