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.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Life-Sized Crown of Gondor Comes With Significantly Less-Life-Sized Minas TirithThe crownless again shall be king, for the low low price of $750.
Consulte Mais informação »
Authentic 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.
Consulte Mais informação »
Online 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.
Consulte Mais informação »
Shein 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.
Consulte Mais informação »
Shein 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.
Consulte Mais informação »
U.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
Consulte Mais informação »