Low-cost e-commerce rivals Shein and Temu shelve US court cases

United States News News

Low-cost e-commerce rivals Shein and Temu shelve US court cases
United States Latest News,United States Headlines
  • 📰 Investingcom
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Low-cost e-commerce rivals Shein and Temu shelve US court cases

© Reuters. The logo of Temu, an e-commerce platform owned by PDD Holdings, is seen on a mobile phone displayed in front of its website, in this illustration picture taken April 26, 2023. REUTERS/Florence Lo/Illustration

Joint declarations were filed to courts in Chicago and Boston by lawyers representing the companies and their subsidiaries, requesting that two legal cases be dismissed"without prejudice" by their judges. Shein's lawsuit against Temu, filed last December in the U.S. District Court for the Northern District of Illinois, alleged that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using"imposter" social media accounts.

Temu's complaint alleged Shein"forces manufacturers to sign loyalty oaths certifying that they will not do business with Temu."The two companies have shaken up the global retailing landscape with an ultra-fast fashion, low-price shopping model.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Investingcom /  🏆 450. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Life-Sized Crown of Gondor Comes With Significantly Less-Life-Sized Minas TirithLife-Sized Crown of Gondor Comes With Significantly Less-Life-Sized Minas TirithThe crownless again shall be king, for the low low price of $750.
Read more »

Authentic Brands Group Inks Deal With Shein for Forever 21Authentic Brands Group Inks Deal With Shein for Forever 21The expanded partnership between the two companies can ultimately result in “multiple billions” in sales, Authentic’s CEO believes.
Read more »

Online retailer Shein has catapulted to the top of fast fashion -- but not without controversyOnline retailer Shein has catapulted to the top of fast fashion -- but not without controversy'Impact x Nightline' explores the brand's success and the criticism it's faced.
Read more »

Shein deepens its relationship with Forever 21, will begin selling co-branded clothes onlineShein deepens its relationship with Forever 21, will begin selling co-branded clothes onlineFast fashion players Shein and Forever 21 are slated to unveil a co-branded clothing line after the two retailers launched a joint venture earlier this year.
Read more »

Shein deepens its relationship with Forever 21, will begin selling co-branded clothes onlineShein deepens its relationship with Forever 21, will begin selling co-branded clothes onlineFast fashion players Shein and Forever 21 are slated to unveil a co-branded clothing line after the two retailers launched a joint venture earlier this year.
Read more »

U.S. Trade Loophole Fuels Rise of China’s New E-Commerce FirmsU.S. Trade Loophole Fuels Rise of China’s New E-Commerce FirmsDiscount retailers Shein and Temu are attracting American shoppers at a rapid clip while shipping their products tax-free with little customs scrutiny
Read more »



Render Time: 2025-02-28 23:29:19