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Bizcommunity on MSN34,000 local jobs threatened by Shein and Temu’s growth in SAOver 34,000 clothing retail and manufacturing jobs could be displaced in South Africa by 2030 if offshore e-commerce platforms like Shein and Temu continue to gain market share.This is according to a ...
Retail data analysts say "a cocktail of problems, both internal and external," have made it impossible for Claire's to stay ...
The accessories brand, which runs almost 3,000 Claire’s and Icing stores globally, has struggled to compete with online rivals as tariffs gnaw at its margins.
The retail landscape continues to shift with roughly 6,000 store closings announced in the first half of this year or about 123.7 million square feet of vacated retail space, ...
The chain's bankruptcy filing is the second in seven years. Its troubles include unwieldy debt, shoppers' changing habits and new tariff costs.
Teen retailer Claire's enters bankruptcy again as the jewelry and accessories chain faces mounting debt, tariff costs and ...
Once ubiquitous for ear piercing at the mall, Claire’s faced financial volatility along with other bricks-and-mortar ...
China-founded e-commerce retailers Shein and Temu have captured a combined 3.6% share of South Africa's retail, clothing, ...
Temu and Shein have long been known for their ultra-low prices. In fact, Temu’s famous Super Bowl ad encouraging people to ...
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