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Online fast-fashion giant Shein has filed another lawsuit against competitor Temu, accusing the China-founded shopping platform of stealing its designs, copying its product images and engaging in ...
The platform entered its latest market, Thailand, last month. Temu operates as an online store, carrying cut-price merchandise from self-employed sellers. More than 100,000 of them are based in ...
As of October 2020, Shein was the world's largest online-only fashion firm. [11] Shein was noted for being an early adopter of TikTok as a promotional tool, and the firm's ability to advertise viral items boosted its popularity. [5] By November 2021, Shein grew from a company valued at $15 billion to one valued at $30 billion. [11]
Temu contends that these manufacturers linked to Shein constitute a substantial portion, estimated at 70% to 80%, of all merchants offering ultra-fast fashion products in the U.S., leading to higher prices, fewer consumer options, and hindered growth of the U.S. ultra-fast fashion market.
Chinese fast-fashion retailer Shein has been hit with a lawsuit by rival Temu, alleging the company has engaged in aggressive an unlawful tactics to try and thwart the competition.
Notably, Chinese e-commerce fast fashion retailer Shein and US e-commerce giant Amazon have enabled this trend. [58] In 2019, multiple brands such as Nike and Birkenstock stopped selling their products on Amazon in protest of the flagrant counterfeits on the platform. [ 59 ]
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