Forever 21 said it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...
The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...
Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging ...
The company will wind down the business in the U.S. while determining if it can continue with a partner, or if it will sell ...
The fast-fashion retailer made it through the pandemic but struggled against cheap duty-free goods from China, as inflation ...
Shein and Temu's sales slowed in the weeks after President Donald Trump announced tariffs and said he'd close the de minimis ...
The floundering clothing company filed for bankruptcy protection for the second time in six years after losing $400 million ...
Haul, the retail giant’s attempt at offering low-cost products, has yet to capture the attention of U.S. consumers in the way ...
Forever 21's U.S. operating company announced on Sunday that it has filed for Chapter 11 bankruptcy, marking the retailer's ...
With tariffs, it is indeed consumers who tend to pay the price - although some may be absorbed by wholesalers and others along the supply chain - and it’s American ones at present who are most likely ...