How “Shein” and “Temu” Are Putting Many Retailers Out of Business
The rapid ascent of ultra-fast fashion and low-cost e-commerce platforms, spearheaded by giants like Shein and Temu, is sending shockwaves through the global retail industry. These platforms leverage unique business models built on incredible speed, vast selection, and aggressively low prices, originating primarily from highly efficient Chinese supply chains. Their explosive growth poses a significant…
Details