Shein and Temu have been able to keep the costs on their platforms alarmingly low, but there’s been a hidden political cost racking up.
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A Labour Party official said he’d like to see legislation that heavily impacts imports of Chinese textiles — a potential problem for Shein.
Amazon’s setting up a discounted shop that will fly products to consumers from China. It’s meant to copy Shein and Temu’s business models.
Will a shutdown happen? Maybe not. But what if it does? What would a holiday season shutdown actually mean?
The famed Wharton School economist points to sky high valuations and a possible sector rotation.
Fidelity has hired an industry veteran to lead one of the world’s largest professional networks of family offices.