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MYSTERIOUS: 13 | Mind Blowing Facts

Is Lowe's Getting Ready To Take On Walmart And Costco? Unveils New Line Of Products $5 Or Less

Lowe's has launched a new private label line called Lowe's Essentials, featuring seven everyday household products priced at $5 or less.

International Business Times UK

China retaliates against Trump in trade war with 34% tariffs on US imports

Fears of global recession rise as stock markets continue to fall after China responds to US president’s ‘bullying practice’

The Guardian - UK

Trump puts an end to tax exemption for low-value Chinese imports

Chinese online retailers such as Temu and Shein had been taking advantage of a little-known tax exemption, known as the de minimis provision, to sell their products at very low prices in the US.

Euronews

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The tariff loophole that drove Shein and Temu to fast-fashion dominance is closing in a month

An executive order imposes tariffs on small-value shipments from China that were previously exempt from duties.

Fortune

Trump will stop the tax break for retailers like Shein. It could change the way we shop

The days of getting low cost goods from brands like Temu could be numbered

The Independent UK

Who are the tech winners and losers of Donald Trump’s sweeping 'Liberation Day' tariffs?

When it comes to the tech industry, semiconductor manufacturers come out largely unscathed while e-commerce giants will see major changes that could affect what price their goods are sold.

Euronews

The Hunger Games fans are furious about this SHEIN collaboration – and for good reason

Sometimes, reality truly is the best satire. 'The Hunger Games' fans have been left outraged after this recent merchandise release... Here’s why.

Euronews

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Trump closes China tariff loophole used by fast fashion retailers like Shein and Temu

Imported goods under $800 will now be subject to duties of either 30 per cent of their value or $25 per item

The Independent UK

Trump tariff global reaction – country by country

The US president’s new tariff regime on every country threatens to unleash a global trade war. Here we explore how the world is responding

The Guardian - AU

Hunger Games Fans Slam SHEIN Collab Encouraging Them to 'Rebel Against the Ordinary': 'Something the Capitol Would Do'

"The Hunger Games" fans are not happy with Lionsgate and Susan Collin's new collaboration with fast-fashion megacorporation SHEIN.

Fashion Times

Boohoo to rebrand as Debenhams despite Frasers Group’s vote to block it

Shareholder meeting turned into latest episode in battle between fashion retailer and Mike Ashley’s retail empire

The Guardian - UK

The collapse of Hudson’s Bay signals a turning point for Canadian legacy retailers

Hudson’s Bay Company has begun liquidating all but six of its stores. After the 352-year-old retailer filed for creditor protection amid mounting debt and operational losses in early March, a court gave it permission to start the liquidation process.

The Conversation

Forever 21 set to close all stores

The retailer cited competition from online rivals, but some said the brand didn't resonate with today's youth

Salon

Forever 21 Blames Shein and Temu for Their Downfall as They Prepare to Close All U.S. Stores

Forever 21 has filed for bankruptcy again and will shut down all U.S. stores, blaming Shein, Temu, and shifting consumer trends for its downfall.

Latin Times

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International Business Times

Shein Says US Tariff Hit Won't Stop Fast-fashion Flood

Tariffs imposed by the Trump administration will not eject fast-fashion juggernaut Shein from the US market, its executive chairman Donald Tang has told AFP. The head of the online platform, which has come in for scrutiny over its environmental footprint and allegations of human rights violations, also insisted that the…

Evening Standard

Shein chairman says firm ‘wants to be listed company’

The retailer has been in talks over an initial public offering on the London Stock Exchange over the past year.

International Business Times

Shares In Zara Owner Inditex Sink Despite Record Profit

Zara owner Inditex posted Wednesday another record annual profit but investor worries that sweeping US tariffs could hurt its growth prospects caused shares in the world's biggest fashion retailer to slide.

The Guardian - UK

New name but same old struggles for Boohoo

Rebrand to Debenhams won’t solve the company’s issues – the retailer may simply have already had its day in the sun

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The Guardian - UK

UK risks becoming dumping ground for goods from exploited workers, MPs say

Committee says firms should be required to say how they will tackle modern slavery in supply chains

The Guardian - US

Tom Cotton gingerly steps on Trump’s toes as he eviscerates TikTok in book

Republican seeks to shine light on major threat to US interests in Seven Things You Can’t Say About China – but may come to regret his moves as missteps

The Fashion Central

Shein’s Profit Plunges by $1 Billion in 2024 as Trump Closes Tax Loophole

Chinese e-commerce giant Shein has suffered a major financial blow, with its net profit dropping by more than $1 billion in 2024

The Independent UK

Kash Patel confirmed as FBI director after fears he will ‘carry out Trump’s bidding’

The Trump loyalist inherits an FBI gripped by turmoil

The Independent UK

Kash Patel set to make millions off Chinese fast-fashion brand Shein

Patel’s confirmation vote is scheduled for Thursday

The Conversation

Shein could be a shot in the arm for the London Stock Exchange – but the fashion giant might not like the added scrutiny

Fast fashion giant Shein’s mooted flotation on the London Stock Exchange (LSE) could be larger than any stock exchange listing seen in Europe in the last year. Coming at a time when the LSE is struggling to attract new listings, with some firms migrating to other exchanges, this could be…

The Conversation

The secret behind Temu’s rock-bottom prices

Temu has made a remarkable entry in the global e-commerce landscape, quickly becoming the fifth largest online marketplace in France. Critics claim Temu’s ultra-competitive pricing relies on unfair practices. Yet its success stems from the powerful—and proven—business model of its parent company, Pinduoduo, which started as an online marketplace for…

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