The Gen Z favorite alleges that Temu and its sellers are hawking counterfeits branded with its intellectual property.

Temu parent PDD’s stock was sinking premarket after another disappointing earnings report, with profit missing expectations by the widest margin in nearly four years.

One of the more interesting trends is the shift in consumer spending away from discretionary goods (52-55% in 2023) to consumables, seeing discretionary fall to <50% this year.

Online fast-fashion platforms Shein and Temu are gearing up for a 2026 trial at ... Temu gear up for 2026 UK trial over copyright and competition claims. By Reuters. November 5, 2024 12:10 PM UTC ...

Because the new tariffs would be more costly than the products themselves, Temu is adding “import charges” on Chinese imported goods. VIEW E-EDITION 25¢ for 3 mos ...

Temu Owner PDD’s Profit Slides as Woes in the U.S. and China Sink In Intensifying competition in China and new U.S. tariffs led to the slowest sales growth since early 2022 By ...

PDD, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first quarter, as a sharply different tariff environment in the U.S. added to challenges at ...

One primary reason for Forever 21's bankruptcy filing is competition from Shein and Temu, something the head of Authentic Brands, the fast fashion retailer's brand and intellectual property owner ...

Brad Sell, CFO of F21 OpCo, pointed to intense competition from international fast-fashion retailers like Shein and Temu, operated by PDD Holdings, Inc. PDD, as one of the main factors leading to ...

Temu parent’s stock tumbles after a big earnings miss as competition intensified Per-share profit missed expectations for the first time in seven quarters, and by the widest margin in nearly 4 years ...

Temu parent's stock tumbles after a big earnings miss as competition intensified Provided by Dow Jones Nov 21, 2024, 12:36:00 PM.