Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging Amazon’s efforts to capture a share of the budget-friendly e-commerce space.
BTIG estimates the overlap between Shein and Revolve (RVLV) and Lulus Fashion Lounge (LVLU ... that could disrupt both business models. Shein and Temu rely heavily on manufacturing from China ...
That’s the business model behind ultra-fast fashion, in which companies led by Asian giants Shein and Temu work with overseas manufacturers to move the trendiest styles from Instagram to ...