Forever 21 says it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
Temu wants to boost its US seller base, and it's looking to e-commerce giants like Amazon for talent.
PDD Holdings , which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...
Forever 21 expects to close over 350 stores in the United States and Puerto Rico by May 1, unless the business is purchased ...
The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...
The fast-fashion retailer made it through the pandemic but struggled against cheap duty-free goods from China, as inflation ...
U.S.-listed shares of PDD fell more than 3% in premarket trading. While government stimulus measures and deep price cuts from ...
Temu-owner PDD’s New York-listed shares (PDD) fell Thursday after the Chinese e-commerce giant reported slower-than-expected sales growth amid ...
The operator of Forever 21 filed for bankruptcy on Sunday due to growing competition from foreign fast fashion companies, ...
Forever 21 has filed for bankruptcy protection for a second time and plans to close down its U.S. business as traffic in U.S.