US lawmakers push probes into Shein and Temu over forced labor, IP theft, unsafe materials, and counterfeit goods.
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Forever 21 has been seeking a buyer for several months and has contacted more than 200 potential bidders, 30 of which signed confidentiality agreements, but no viable deal has come together
Shein’s profits have dropped by more than a third in 2024, according to latest reports, and this has added to the fast fashion company’s challenges