France moves to penalise ultra-fast fashion giants like Shein and Temu. Why this policy matters, what it leaves out and ...

The revised bill targets ultra-fast fashion directly, proposing a tax on small parcels shipped from outside the EU ranging from 2 to 4 euros per package. The fee is intended to slow the influx of ...

Bonjour et Bienvenue to the Paris Edition. I’m Bloomberg Opinion columnist Lionel Laurent . If you haven’t yet, subscribe now to the Paris Edition newsletter .

Shein boosted spending 35% in France and the UK, while PDD Group's Temu increased by 40% and 20% month-over-month, respectively, according to Sensor Tower data provided exclusively to Reuters.

Temu and Shein have boosted their ad spending in Europe, particularly in the U.K. and France, according to a report from Reuters, reflecting their shift away from the U.S.

07/18/2025 Chinese online retailers like Temu and Shein are increasingly popular in Europe, impacting local economies. France is planning a new anti-fast-fashion law.

Shein boosted spending 35% in France and the UK, while PDD Group's (PDD.O) Temu increased by 40% and 20% month-over-month, respectively, according to Sensor Tower data provided exclusively to Reuters.

Both Shein and Temu primarily produce goods in China, Trump’s biggest tariff target, which now faces a total tariff rate of 145% and has demanded that Trump drop the steep tariffs.

But “the new tariffs will still have a negative read-through to Temu’s growth in 2025 and beyond.” Alibaba, JD, Shein and Temu representatives did not respond to requests for comment.

Temu grew to 51.4 million users in January from its launch here in September 2022, while Shein’s users increased to 26 million over the same period from 20.9 million, according to the report ...

In 2024, 4.6 billion packages each worth under 150 euros ($170) entered the EU -- more than 145 per second -- with 91 percent originating in China.

Target’s competition includes Temu, a unit of PDD Holdings Inc., Shein, Walmart Inc. and Amazon.com Inc., which started a low-cost online storefront called Haul that sells most items for under $20.