Amazon debuted Haul last year, offering makeup, apparel, accessories and other items that are often priced at or below $20.
Online fast-fashion retailer Shein's profit dropped by more than a third last year, the Financial Times reported on Sunday.
Online fast-fashion retailer Shein's profit dropped by more than a third last year, the Financial Times reported on Sunday.
Etsy, which is known for selling artisan and handcrafted goods, is facing heightened competition from Chinese online retailers Temu, Shein and TikTok Shop.
Forever 21 once dominated the fast fashion industry, but as Shein and Temu continue to take market share, it has failed to adapt to the new landscape.
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The concession allows Shein, most of whose products are made in China, to post parcels direct to UK shoppers without paying duty.
The online fast fashion giant had been hoping for a blockbuster £50billion flotation this year but is poised to cut its valuation to just over £40billion.
An end to the de minimis exemption will hurt Chinese e-commerce firms—and enrage American consumers