Forever 21 said it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...

They blame a once-obscure trade provision, called de minimis, which has been thrust into the spotlight in recent months.

Despite a 24 % sales growth and a 18 % profit growth, Temu remains below expectations. and sees its growth stagnate.

PDD Holdings, parent company of Temu and Pinduoduo, noted that, while it saw revenue growth in Q4, that growth decelerated ...

PDD Holdings , which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...

Forever 21 expects to close over 350 stores in the United States and Puerto Rico by May 1, unless the business is purchased ...

Forever 21's U.S. operating company announced on Sunday that it has filed for Chapter 11 bankruptcy, marking the retailer's ...

U.S.-listed shares of PDD fell more than 3% in premarket trading. While government stimulus measures and deep price cuts from retailers have drawn some shoppers, PDD's sales report indicates ...

Hundreds of Forever 21 stores are going to close by the end of the month as the company undergoes Chapter 11 bankruptcy protection for the second time in six years.

The operator of Forever 21 filed for bankruptcy on Sunday due to growing competition from foreign fast fashion companies, ...