Temu, Shein sales fall in week after Trump scrapped duty exemption, hitting China trade

Quick Summary:

Shein’s US sales fell 16 per cent to 41 per cent for five days from February 5 while Temu’s fell as much as 32 per cent.

Shein is said to ask some of its top apparel suppliers in China to set up new production capacity in Vietnam, while Temu is giving up substantial control of its Chinese supply chain with a so-called “half-custody” framework, Bloomberg News earlier reported.

While the revocation has yet to be implemented, shoppers may be put off by fears that they’ll be on the hook for extra fees.

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Article Details

Author / Journalist: Bloomberg

Category: Technology

Markets: Hong KongChinaVietnam

Topics: Parcels Online Seen Consumers Cent Sales Small Drop Shein Trump Temu

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 17:14:22 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 289 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26101630

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