PDD Holdings , which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...

The parent company behind Temu disappointed investors with revenue that missed estimates, as consumer activity in China ...

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

Forever 21 says it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...

Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging ...

The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...

Have you ever wondered what happens when you return part of your clothes haul back to Shein? While the average online shopper ...

BEIJING] PDD Holdings’ revenue grew at a slower-than-expected pace of 24 per cent after intensifying domestic competition and ...

Haul, the retail giant’s attempt at offering low-cost products, has yet to capture the attention of U.S. consumers in the way ...

Hundreds of Forever 21 stores are going to close by the end of the month as the company undergoes Chapter 11 bankruptcy protection for the second time in six years.

Forever 21 has been seeking a buyer for several months and has contacted more than 200 potential bidders, 30 of which signed confidentiality agreements, but no viable deal has come together ...